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"Mortgage in Madrid? No thanks

INE The National Statistics Institute (INE) has made public the latest data on mortgage lending for house purchases resulting in headlines for all tastes.

If you are convinced that the housing market remains in the doldrums and downward trend, you should know that the average loan amount was reduced by 14% to just above 121,000 euros.

Similarly the number of mortgages constituted during the month of May stood at 57,614, representing a decrease of 22.6% compared to data from the month of May last year.

If on the contrary considers that the housing market already touched down and begin their recovery, you may want to know that the month of May compared to April an increase of 14.6% over the number of households with mortgages.

Finally it is well to know which are the regions where the mortgage amount is higher, and as expected leading this list Madrid and the Basque country, exceeding EUR 200,000 in the case of Madrid.

Finally, data for all tastes and flavors, now is you yourself who can make your own headline and post it on some internet forum.

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