And the number of people getting into early-stage arrears on their mortgages has risen for the first time in four years.
The number of homes taken into possession was the highest on record in final quarter of last year, the Central Bank said.
The latest arrears figures show that 23,224 mortgage accounts were in arrears for less than three months at the end of last year.
This was up slightly on the previous quarter in 2016.
It was the first time since September there was been a rise in the numbers getting into early-stage arrears.
The Central Bank said: Accounts in arrears of up to 90 days increased slightly in the fourth quarter of 2016, marking the first increase in this category since end-September 2012.
It comes despite pressu…
Read the full article at: http://www.independent.ie/business/personal-finance/number-of-homes-repossessed-was-highest-on-record-in-final-quarter-of-2016-35536906.html
