Lleida Mortgages: Best June in 15 Years
Okay,here’s a breakdown of the key facts from the provided text,focusing on housing mortgages in Lleida and Catalonia:
Lleida (Province):
June Mortgage Growth: 9.45% increase in mortgage signatures compared to June of the previous year, totaling 301 signatures.
Best June in 15 Years: This is the highest number of mortgages signed in a June since 2010 (389 signatures then).
Frist Half of Year (Jan-June): 1,835 loans, a 24.9% increase compared to the first half of 2024. This is attributed to decreasing interest rates. Capital Borrowed (june): €42.3 million, a 64.9% increase year-over-year.
Average Loan Amount (june): €140,764.1
Mortgage Cancellations (June): 273 cancellations, a 12.8% increase compared to June 2024.
Catalonia (Region):
June Mortgage Growth: 32.2% increase in mortgage operations compared to June of the previous year,totaling 7,154 operations.
Best June in 15 Years: Similar to Lleida, this is also the best June in 15 years for Catalonia.Key Takeaways:
Both Lleida and Catalonia are experiencing significant growth in housing mortgage activity.
Decreasing interest rates are a major factor driving this growth.
The data suggests a strong housing market in both areas, at least in terms of mortgage demand. Mortgage cancellations are also increasing, but at a slower rate than new mortgages.
