Residential mortgage company grew 24.7% in May

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this number of mortgages consisting of residences increased by 24.7% Compared to the same month last May 2021 until 44,165 credits were added.

As May progresses, the residential mortgage firm has chained fifteen consecutive annual increases, according to data released this Friday by the National Institute of Statistics (INE).

this The average mortgage amount on residences increased by 11.9% yoy in the fifth month of the year.Borrowed capital increased by 39.6% to €6,592.1 million, up to €149,261.

by autonomous communities, Catalonia (8,354), Andalusia (7,604) and Madrid (7,480) registered more mortgages on residences in May.

At the intermonth rate (from May to April), residential mortgages increased by 32.1%, while borrowed capital increased by 38.6%.

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