Spanish Mortgage Activity Continues to Rise

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Spanish mortgage activity and average mortgage loan capital rises for the ninth consecutive month. The number of Spanish residential mortgages constituted during the month of January rose by 6.1%, compared with the same month in 2018, to 19,390, according to provisional data by the Spanish notaries.

Spanish Property Prices 6.8% Higher in January

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Average property prices grew 6.8% in January, compared with the same month in 2018, according to property valuation firm Tinsa’s IMIE Monthly Report, representing the highest January rise in over a decade. In all the categories identified by Tinsa, properties located on the ‘Mediterranean Coast’ saw the largest year-on-year price increase – rising by 10.1%,… Read more »

Housing Purchases Financed by Mortgages Rise Over 14%

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Residential property sales rose 16.2% in July, compared to the same month last year, accompanied by a 14.6% rise in the number of property purchases financed by the means of a mortgage loan, new figures show. A total of 19,287 new mortgages were registered during the month, according to Spain’s central statistics unit.  The most… Read more »

Spanish Mortgage Approvals Rise Along with Loan Capital

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A rise in the number of property sales across Spain during the month of June was accompanied by a rise in mortgage activity, new figures show. Residential property sales grew by 1.8% in June to reach 44,692 transactions, according to government statistics, accompanied by a 3.9% rise in the number of approved mortgage loans.

Over 30,000 New Mortgages Registered During May

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The number of home sales rose 4.7% during May, accompanied by a rise in the number of mortgage loans, latest statistics show. During May, a total of 31,166 new mortgages were registered in Spain, representing a 7.3% rise on the same month last year, according to the government’s central statistics unit.