The number of mortgages constituted on homes fell by 18.4% in July compared to the same month in 2025 in the Canary Islands, the fourth autonomous community where it decreased the most, remaining at 1,557, compared to the 1,933 registered a year ago, according to data published this Monday by the National Institute of Statistics (INE).
The capital lent on account of said operations, in aggregate, also decreased from July to July in the islands, going from 243.90 to 240.04 million euros, according to the latest Mortgage Statistics prepared by the INE.
Which reveals that in all of Spain, the volume of new mortgages on homes formalized in July also fell in relation to a year earlier, being, on average, 3.5% lower and remaining at 43,372.
Although the global amount of money lent under all of them grew, going from 7,359.75 to 7,841.02 million euros, the INE details.
By autonomous communities, the evolution was, in any case, disparate, as mortgages on homes increased from July to July in seven of them, while in the rest they decreased.
The largest increases in the annual variation rate were recorded by the Balearic Islands (with 8.6% more), the Principality of Asturias (8.1%), and Galicia (7.1%).
On the contrary, the communities that presented the largest decreases were Cantabria (-26.9%), Aragon (-20.5%), and La Rioja (-19.7%), according to INE figures.
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