Banks registered 43,372 home loans in Spain in July. That was 3.5% fewer than a year earlier and 5.5% below June's total.
Higher home prices and financing costs are weighing on buyers. The slowdown is becoming clear.
The annual fall was the sharpest since June 2024, Spain's National Statistics Institute, or INE, reported. The decline varies across the country.
Lending is still rising in some regions. Other areas are already seeing a marked decline.