Irish economy

Revising up our forecast for Irish mortgage lending


Given a very sharp acceleration in Irish housing starts and a broader rebound in housing market activity in 2021, we have decided to raise our forecasts for mortgage lending to €12.1bn in 2022 and €13.5bn in 2023 (versus €11.2bn and €12.5bn previously). The new ‘Housing for All’ strategy, specifically the equity loan scheme, will help this cyclical pick-up in activity. However, we do not expect the Central Bank of Ireland (CBI) review to lead to any loosening of its mortgage lending rules.

Download full report with analyst certification and important disclosures

Oct 18 2021, 06:30 IST/BST