The number of mortgages on houses moderates its advance to 8.2% in October

The number of mortgages on houses moderates its advance to 8.2% in October

 

This growth, which accumulates six consecutive months of increases, is a point lower than that experienced in September, when mortgaged homes increased by 9.2%.

The average amount of mortgages on houses grew by 9.2% compared to October 2016, to €120,628, while borrowed capital rose 18.2% YoY, to stand at €2,980.2 million.

In monthly rate (October on September), mortgages on houses fell by 15.9%, while borrowed capital fell by 18%.

 

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!