In the Spanish state, the number of mortgages to buy homes fell by 10.3% year on year in January, representing a cumulative twelve consecutive months of decline.
Taking out new mortgages on homes fell in January Basque Autonomous Community (CAV) 11.7% compared to the same month in 2023, when 1,555 operations were recorded, according to data from the National Statistics Institute (INE). In Navarre The decline was larger, 22.6%, with a total of 374 operations.
However, if the number of operations performed in January is compared with the month before (December 2023), the increase in CAV is 21.39%.
In the first month of this year, a total of 234.82 million euros was lent in the BAC for the establishment of residential mortgages, and in Navarra 46.95 million euros.
In the Spanish state as a whole, 33,128 residential mortgages were taken out in January, 32.9% more than the previous month, but 10.3% less than a year earlier.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
