Monitor shows nearly half of homes bought last year were paid for with cash
Almost half of all homes bought in 2018 were bought with cash, according to the latest quarterly Consumer Market Monitor.
The monitor shows that 55,000 homes were bought in Ireland last year, an increase of 8% on 2017.
More than 30,000 mortgages were issued in 2018, that is up 12% on the previous year.
Meanwhile, 50,000 fewer homes were bought last year than at the height of the boom in 2005.
The Consumer Market Monitor from MII and @SmurfitSchool for Q4 2018 is out! Read the full report: https://t.co/a7mVswN2GX pic.twitter.com/XYRjgiVGUo
— Marketing Institute Ireland (@MiiIreland) February 18, 2019
