Household net wealth exceeds €1 trillion - Central Bank

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Household net wealth exceeded €1 trillion here in the first quarter of this year reflecting higher property values and an excess of savings that some households built up during the pandemic.

That represented an increase of €19.6 billion in the three month period bringing household wealth to a record high, according to the Central Bank.

The value of housing assets reached a series high of €649 billion by the end of March, the Central Bank figures show - €19 billion above its previous peak of €630 billion at the end of last year. The growth in deposits and the increasing value of other financial assets have also been important contributors to growth in net wealth.

 

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