Housing Finance Rose - Business & Real Estate

Housing Finance Rose 48.2% in the First Quarter

The housing finance data confirm the good performance of this segment, since the amount of individual loans disbursed to offer new and used increased to $ 381.029 million.

Of the total 212.907 million were granted for the purchase of new housing and to 168.122 million used, representing increases of 36.3 percent and 66.5 percent, respectively.

Correspondingly, the number of units recorded increases of 40.9 for new supply and 18.2 percent, used over the same quarter of 2009.

For institutions the value of loans provided by banks and funds showed an increase of 28.3 percent, the mortgage bank, 49.2 percent, while the National Savings Fund grew 39.9 percent.

The number of social interest housing (VIS) also supported an increase of 13.2 percent over the same period of 2009, a behavior that was due to the increase in funding used VIS (14.1) and new (12.6 percent.

Also, between April 2009 and March 2010 housing funding bodies delivered 1.4 million for the purchase of housing, this corresponds to an increase of 18.6 percent over the same period last year. According to Dane, used for housing 648 049 000 was disbursed, representing a rise of 24.6 percent, and for new, 754 740 million, representing an increase of 13.9.

For its part, the increase in the number of funded solutions was 2.6 percent, which is explained by the increase in the number of existing homes (5.9) and new (0.1 percent).

During this period, the amount of credits given for the purchase made the following changes: boxes and housing funds (374.2 percent), mortgage banking (21.8), while the National Savings Fund declined 12.3 percent.