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Mortgage Signings Fell by 12.7% in June, the Lowest Decrease Since the Pandemic

26,748 mortgages were constituted over homes in June, down by 12.7% compared to the same month in 2019, whilst the average amount loaned grew by 7.5% to 131,670 euros.

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The granting of mortgages to purchase a home is beginning to recover after the abrupt halt caused by the impact of Covid-19 and the State of Emergency decreed to limit its spread.

In this way, in June, 26,748 mortgages were constituted over homes, down by 12.7% compared to the same period in 2019, according to data published today by the National Institute of Statistics (INE).

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