Number of mortgage loans in Spain 2005-2022
The number of residential mortgages constituted in Spain has slowly increased year-on-year since 2013, but as of 2022, it remained shy from the levels before the market crash. In 2022, about 464,000 mortgages were constituted, up from about 200,000 in 2013. Among the drivers of the recovery were the record-low mortgage rates during that period.