Euro zone mortgage demand falls as rates rise, ECB survey shows
11 Articles
11 Articles
Eurozone Mortgage Demand Falls as Interest Rates Rise, ECB Finds
Independent Journalism and Public Interest Reporting. Demand for home loans across the eurozone fell more sharply than banks expected in the third quarter of 2026, as higher interest rates, weaker consumer confidence and a less favourable housing market discouraged borrowing. The latest European Central Bank (ECB) Bank Lending Survey found that a net 27% of banks reported falling demand for housing [...] This article was originally published by …
Euro zone mortgage demand falls as rates rise, ECB survey shows
Banks in the eurozone further tightened credit standards for the economy and consumer loans in the third quarter of 2026, while demand for loans declined in all segments, primarily due to higher interest rates, the European Central Bank's (ECB) October Bank Lending Survey (BLS) showed.
The euro area banks note a sharp decline in demand for real estate loans in the third quarter of 2026, as a result of rising rates and declining household confidence. Their survey, published on 27 October, also announced potentially stricter criteria for granting loans at the end of the year.
The demand for mortgages in the eurozone falls by 27% in the third quarter of 2026, its biggest collapse since 2023, according to the ECB poll of 27 October
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