Mortgage Firm Accelerates 10.8% in June and Record 16-Year Mark Despite Housing Price Escalation
15 Articles
15 Articles
The average amount of mortgages granted in Spain has broken another record by reaching 178,365 euros last June, 6% more than in the same month of the previous year, according to data published today by the National Institute of Statistics (INE). It is the highest figure since the INE began to produce the series in 2003, much higher than the approximately 150,000 euros that were reached back in 2007, in the peak of the housing bubble, and a sympt…
The fall of May was a mirage. The mortgage firm resumed the increases in the beginning of the summer despite the moderation in the sales operations and proof of this is...
The signature of housing loans advances by 10.8%, to add 45,907
In the sixth month, 45,907 loans were made for the purchase of a house, which has reached 260,000 of the total since January, almost 7% more than in 2025.
Never before had the Spaniards had to borrow so much money from the bank to buy a house (178,365 euros on average) and, however, the continued rise in housing prices is not preventing the market from maintaining its dynamism. The number of mortgages created on housing increased by 10.8% in June compared to the same month a year ago to add 45,907 loans, its highest figure for that month since 2010.The data that has been published this Wednesday b…
In June, 11% more mortgages were signed in Catalonia than in the same period last year, although home sales rose by a scant 1%. According to the National Statistics Institute (INE) published this Wednesday, June was the month with the most loan formalities since 2010. Purchases with financing continue to gain prominence in the highly stressed housing market, and are used in 85% of operations.
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