The number of mortgages issued rose to 31,909 in April, 32.1% more than in 2020. The average amount increased by 11.4% to 139,464 euros.
According to the Association of Registrars ‘ real estate registry, the number of total mortgages in April stood at 41,369 transactions, up 31.9% year-on-year, while house sales increased by 66% compared to the same month in 2020.
According to the National Statistics Institute (INE), the monthly rise in loans and capital loaned is the highest in five years.
According to the INE, the number of residential mortgages issued fell by 31.6% in January to 27,518, extending the declines to four consecutive months.