Overview
- Spain recorded 43,319 home mortgages in November 2025, up 12.4% year over year, with the average loan climbing 11.7% to €170,771.
- Home sales in Spain reached 660,089 in 2025 through November, up 11.8% and at levels not seen since before the 2008 crisis, with an average mortgage rate around 2.97% and roughly 61.5% of new loans fixed-rate.
- Spanish regional trends diverged, with Cantabria, Comunidad Valenciana and Andalucía posting the largest mortgage gains in November, while the Balearic Islands, Aragón and Madrid declined.
- In the City of Buenos Aires, 2025 closed with 69,461 property deeds, up 26.8% from 2024, including nearly 14,000 mortgages—about 20% of transactions and a 180% jump in mortgage-backed deeds.
- The Province of Buenos Aires logged 147,393 sales in 2025, the highest since 2005, and 23,395 mortgages for the year, though a late-year tightening of bank underwriting cooled momentum across Argentina.