Taking out mortgages in the Basque Country fell by 21.5% in September

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On the contrary, if the evolution is compared with the previous month, an increase of 3.7% is recorded in the CAV. In Navarre, on the other hand, the decline in September worsened by 18.5% compared to that of the previous month.

The sign mortgage on housing in the Basque Autonomous Community drops 21.46% in September compared to the same month of the previous year (compared to a decrease of 29.64% at the state level), worsening the annual evolution, reaching a total of 1,599 operations, according to data published by the National Institute of Statistics (INE).

On the contrary, if the evolution is compared with the previous month, a 3.7% increase.

In the CAV they took care of 249.4 million euros for the establishment of mortgages on residential properties in September, 26.15% less of the capital lent than a year ago. Compared to the previous month, the capital borrowed for taking out mortgages decreased by 0.04%.

Taking into account the total number of companies, a total of Mortgages from 1977, with a capital investment of EUR 375.41 million. Of these, 35 were on rural properties and 1942 on urban properties.

Navarre

In Navarre, the mortgage company fell 30.6% in September, compared to data for the same month of 2022, with a total of 334 operations.

In this case it is being decrease 18.5% in September compared to that of the previous month.

As for the loan, that was the case 45,208 million euros.

Source: EITB

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