Gross quarterly residential mortgage lending in Europe 2019-2023, by country

Published by Statista Research Department, Dec 4, 2023

The gross residential mortgage lending decreased across many European countries in the second quarter of 2023. In Germany, new lending fell from about 76 billion euros to 48 billion euros between the second quarter of 2022 and 2023. One of the main reasons was the worsening economic conditions and rising interest rates. Along with the United Kingdom and France, Germany is in the top three biggest markets, both in terms of gross mortgage lending and outstanding mortgage lending.

Gross residential mortgage lending in selected European countries from 1st quarter 2019 to 2nd quarter 2023 (in billion euros)

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Source

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Release date

October 2023

Region

Europe

Survey time period

Q1 2019 to Q2 2023

Supplementary notes

Further information from the source: "Note: Not seasonably-adjusted data. Please note that (for those countries outside the Eurozone) the conversion to euros is based on the bilateral exchange rate at the end of the period (provided by the ECB)."

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France

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