The Real Estate Market Is Still Warming: the Mortgage Firm Skyrocketed 32% in June and Peaks in Three Years
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The real estate market continues to warm up, driven by the decline in interest rates, high demand for housing and the shortage in supply. Despite the fact that the prices of the flats do not stop to rise, the fever to buy does not give pause. Good proof of this are the mortgage signature data that the INE has released this Wednesday. The figures show that in June 41,834 loans were formalized to buy housing, 32% more than in the same month last y…
Consenso del Mercado Santiago Martínez Morando (Ibercaja) The number of mortgages granted in Spain grew by 31.7% year-on-year in June, completing a first semester of a strong dynamism in the real estate market. The increase accumulated in the first six months of the year was 24.9%. The average amount per mortgage grew by 15.5% year-on-year in June (14.1% in the accumulated January-June), so that the total mortgage credit increased by 52.1% year…
At the national level, the number of mortgages on housing increased by 31.7% in June compared to the same month in 2024.
The number of mortgages on homes registered in the property registers increased by 31.7% in June, compared to the same month of the previous year, and stood at 41,834 transactions, which has chained up twelve months, according to data published by the National Institute of Statistics (INE) this Wednesday and collects EFE. Although in June the number of mortgages signed compared to May, the month in which 42,274 mortgages were signed, has increas…
The National Institute of Statistics (INE) has published the statistics that reflect the number of mortgages signed in June, noting that, in total, 41,834 loans were officialized, their highest number since 2022, and that is 31.7% more than the same month last year. Thus, it confirms the good market dynamics that accumulates twelve months in a row. Likewise, the average interest rate was closed at 2.99%, eight hundredths higher than the previous…
The number of mortgages on housing increased by 31.7% in June compared to the same month of 2024, totalling 41,834 loans, the highest in this month since the 2022 financial year, according to data released on Wednesday by the National Institute of Statistics (INE).
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