House mortgages up 20% in March

House mortgages up 20% in March

The average number of house mortgages went up 6.4% compared to March 2016, up to 114,469 euros, while the total capital lent went up 27.9% over the year, to more than 3.173 million euros.

Compared monthly (February to March), mortgages went up 13.9%, and the total amount of capital loaned went up 12.5%.

By autonomous community, and looking at March registrations, the areas with the greatest number of mortgages were Andalucía (5,070), Madrid (4,716) and Cataluña (4,574).

In the third month of the year, house mortgages went up in all the communities compared to 2016 except in the Canary Islands, where they went down by 42%. The regions with the biggest increases were the Balearics (+74.8%), Asturias (+66.5%) and Cantabria (+46.8%).

 

Iberian Property logoIberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!