Loans to buy housing increased by 8.1%



The sale of housing stood at 50,176 transactions, which represents a year-on-year decrease of 1.0%, which is aggravated to 1.8% in the seasonally corrected series.

By type of house, the sale of flats showed a year-on-year reduction of 1.1% (2.3% in the seasonally corrected series). Meanwhile, that of free-priced apartments was reduced by 2.0%. This fall in free-floor transactions was due to contraction of second-hand apartments (-3.3%), as those of new apartments rose 10.1%. On the other hand, the sale of single-family homes showed a slight decrease of 0.5% year-on-year.

In terms of average price, the square meter of homes purchased in October reached $ 1,407, reflecting a slight increase of 0.8% year-on-year. This slight increase in the price per square meter of homes was due both to the increase in the price of single-family homes (0.2%) and to that of apartments (1.2%).

On the other hand, the price per square meter of free price apartments increased by 1.2%. Among these, the price of second hand was $ 1,550 (0.8% year-on-year) and the price of new apartments at $ 2,102 (4.0% year-on-year).

Finally, in October the sale of other properties stood at 12,351 operations (0.5% year-on-year), of which 40.8% corresponded to land or lots. The average price per square meter of these transactions was $ 235 (15.0% year-on-year).

 

Loans to buy housing increased 8.1% year-on-year in October

home loan

The number of new mortgage loans signed in October was 32,671 which means
an increase of 5.4% year-on-year (5.1% in the corrected seasonality series). The amount
of such loans was $ 165,595, thus reflecting a fall of 6.4% year-on-year.

On the other hand, mortgage loans for real estate acquisition increased 8.3% in October (26,030 loans) in October, due both for the increase in lending for the acquisition of a home (8.1% year-on-year) as to the increase in mortgage loans for acquisition of other properties (10.4% year-on-year). The average amount of loans for the acquisition reached $ 138,043 (-3.5% year-on-year).

In the case of housing, the average capital was $ 132,489, which represents a decrease of 3.9% year-on-year, and for the rest of the real estate loan average reached $ 214,886 (-1.4% year-on-year) .

 

Loans for construction

Loans for construction

It showed a year-on-year increase of 9.5% in October to 689 operations. The average amount of them was $ 504,457, thus collecting a year-on-year contraction of 4.5%.

On the other hand, the average amount of construction loans went down by 21.0% to $ 322,184 (537 operations). Mortgage loans intended for finance business activities experienced a significant interannual fall of 14.3% to 304 operations and their amount decreased 11.4% year-on-year to $ 1,068,453.

Finally, the percentage of home purchases financed by a mortgage loan stood at 54.2%. In addition, in this type of purchases with financing, the amount of the loan was 72.7% on average.