Mortgages in Spain

Instituto Nacional de Estadistica (INE) · Mensual

10,261 (Jun-26) ABS · numero · Mensual · CSV

About this indicator

Source	National Statistics Institute
Frequency	Mensual
Release	Aproximadamente un mes después del periodo de referencia.
What it is	Records the number of mortgages taken out on dwellings in Spain in a month, together with the amount of capital lent. It is published by Spain's National Statistics Institute (INE) from data supplied by property registrars.
How it's calculated	The INE counts the mortgages entered in the property registers during the month, reporting both the number of loans and their value, with year-on-year changes typically tracked.
Market implications	It is a gauge of the Spanish housing and construction market, highly sensitive to interest rates and Euribor; a strong rise in mortgages foreshadows greater home-sales activity.
Limitations	It is a volatile figure, highly sensitive to interest rates and seasonal factors, and subject to revisions; it reflects mortgages already registered, with some lag relative to when they were signed.