Total number of certificate enrollments foreclosures number of habitual residences fell by 16% between April and Junewith what they already added five quarters down During this period, it reached the lowest figure since 2020 (2,697).
According to data provided by the National Institute of Statistics (INE) this Friday, the total registration of certificates for foreclosures initiated in property records in the second quarter of 2023 was 5,386, an increase of 4.2% from the previous quarter and 26% less than in the same quarter of 2022.
initiates The annual rate of residences owned by individuals decreased by 16.7%; Of these, 2,697 were habitual owners (16.0% less than in the same quarter of 2022) and 563 were not their owners’ habitual residence (19.8% less). Residential foreclosures accounted for 68.3% of total foreclosures in the second quarter, while 50.1% corresponded to primary residences.
7.7% corresponded to houses owned by legal entities (417 and 46.3% less) and 10.5% to other houses owned by individuals (563 and 19.8% less). Foreclosures in other urban areas (premises, garages, offices, warehouses, warehouses, residences, other buildings and urban uses) accounted for 24.1% of the total.
Considering the year the mortgage was registered, 15.1 percent of the foreclosures initiated in the second quarter Loans created in 200714.6% for those signed in 2006 and 10.0% for those signed in 2005. Thus, in the 2004-2008 period, 55.9% of the foreclosures started in the second quarter.
Autonomous communities
When the distribution of data by autonomous communities is analyzed, it is seen that those with the highest number of foreclosure certificates among the total number of properties in the second quarter. Andalusia (1,509); Valencian Community (1,019) and Catalonia (995). Navarra Foral Society (22); Cantabria (29) and La Rioja (38) recorded the lowest numbers.
In the case of houses, Andalusia (1.004); Catalonia (757) and the Community of Valencia (693) have the highest number of executions, with minors occurring in the Foral Community of Navarra (15); Cantabria (23) and La Rioja (29).