Housing Mortgages Skyrocket 54.4% in May and Add Eleven Consecutive Months Up
16 Articles
16 Articles
Spain lives the best start in the mortgage firm of the last fourteen years. Until May more than 201,000 new contracts have been signed in our country, 24% more than...
The number of mortgages on housing increased 54.4 per cent in May compared to the same month in 2024, to 42,274 loans, according to data released this Friday by the National Institute of Statistics (INE).With the year-on-year advance of May, the mortgages on housing add eleven consecutive months of increases.The average interest rate on housing loans was 2.91 per cent in May, almost one tenth lower than in April (2.98 per cent), which led to the…
The average amount of these operations grew by 12.7%, to 158,153 euros, according to the latest data from the INE
The community leads the rise in May, with 1,756 operations, and already exceeds 8,000 so far this year, almost 40% more
At the national level, the number of housing mortgages increased by 54.4 per cent in May compared to 2024, to 42,274 loans
The province has recorded 8,860 new loans to acquire a house in the first five months of the year The mortgages go up in Andalusia 42% in May, below the national growth of 54.4%
Coverage Details
Bias Distribution
- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium