The INE (National Statistics Institute) reports 61,417 property sales (-5.1%) and 43,372 mortgages (-3.5%) for July, while the Euribor has now risen for three consecutive months, reaching 3.223%.
Three weeks ago, we discussed how June had been the best month for buying a home since 2007. This week, the INE confirmed that July broke that streak on two fronts: both property sales (-5.1%) and mortgages (-3.5%) declined. The summer picture is no longer defined solely by record highs; a slowdown is also underway, affecting both sides of the transaction.
...continue reading "The Streak Is Over: Home Sales and Mortgages in Spain Fall in July"








