Housing Mortgages Skyrocket by 44.5% in March and Interest Adds Two Months Below 3%

The number of mortgages created on housing rose by 44.5% in March compared to the same month in 2024, to 42,831 loans, the highest in a month of March since 2022, according to data released this Tuesday by the National Institute of Statistics (INE)With the annual advance of March, 40 points higher than that of February (+4.3 per cent), the signature of mortgages on housing adds nine consecutive months of increases.The average interest rate on ho…

The number of housing mortgages grew by 44.5 % in March, up to 42,831 transactions, and is already nine consecutive months up.

Market Consensus Link Securities According to data released yesterday by the National Institute of Statistics (INE), the number of mortgages constituted on housing in March rose to 42,831, representing an increase of 44.5% in year-on-year rate. The average amount of these transactions was 156,698 euros, 14.3% in year-on-year rate. In addition, the average amount of mortgages on the total number of properties registered in the property registers…

In the province, 1,701 operations have been closed between January and March Macrooperation against high-end car traffic: 15 detainees and 134 vehicles recovered

This week marks two years since the entry into force of the Housing Act promoted by the Government, which has resulted in an unprecedented increase in purchase and rental prices, and a collapse of the offer of 17% since 2023. Read

The financed sale of housing is recovering muscle at a pace difficult to ignore. In March 42,831 mortgages on housing in Spain were signed, 44.5% more than in the...