Mortgages latest publications

August 9, 2019

Argentina | Housing and Construction Outlook 2019

The 2018 exchange rate crisis drove the economy into a strong recession that ended the mortgage spring that had led the previous year's growth. There are still no clear signs of a solid recovery in the sector, although the outlook for 2020 is positive. There are opportunities for improvement in terms of housing.

February 12, 2019

Spain | Residential sales down in 4Q18

In December, neither sales nor mortgage origination made up all the ground lost in October and November, ending the quarter with a loss. This was in a context of job creation, but lower household confidence and greater uncertainty in the sector. New housing permits rose in November after falling for three months.

January 21, 2019

Resilience of mortgage lending

If economic crises serve for anything it is for us all to learn from our mistakes. Now that the worst is behind us, we should have been thinking for some time now about how to fix what didn’t work and how to safeguard what did.

December 5, 2018

Spain | Rise in home prices eases in 3Q18

Home sales grew in September, but at a slower rate. Credit approvals for home purchases nevertheless rose more in October than in previous months. Prices continue to trend upwards, but less sharply in Q3 2018. While building authorizations fell in September, the industry did continue creating jobs.

November 8, 2018

Spain | Demand continues to encourage new residential investment projects

The Spanish real estate market continues to perform well. Job creation intensified in October, confidence rose in September and financial conditions remain favourable. Home sales thus grew in August and, while approvals suffered a bit of a correction that month, residential investment has risen substantially in Q3 2018.

November 7, 2018

Mexico Real Estate Outlook. Second half 2018

The GDP of construction closed 2017 with a fall of 1.1% in the annual rate. This is a result of the 10% decline in civil works and the slowdown in building that only improved 0.4%, both in annual terms. However, for the second quarter of 2018, the construction sector has an accumulated advance of 2%.

October 4, 2018

Spain | Construction activity responds to housing demand

Home sales in July declined from the previous month while demand drivers showed more moderate gains in a favourable financial environment. Prices accelerated their growth in 2Q18 and the signing of building permits in June and July showed a higher growth than expected.

July 4, 2018

Spain | Home sales up as 2Q18 begins

The macroeconomic situation continues to favour home sales. Meanwhile, the issuance of new construction permits in April corrected for some of the growth of the two preceding months, although employment in the sector is still rising. This comes on the heels of a first quarter in which home prices went up in all regions, alb…