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Banks who reported a growth in mortgage demand for house purchases in the past three months in selected countries in Europe from 2015 to 2021

Characteristic	Net percentage of banks who reported an increase in demand
Slovenia	-100%
Luxembourg	-50%
France*	-38.34%
Spain	-25%
Slovakia*	-21.22%
Italy	-10%
Germany	0%
Ireland	0%
Malta*	0%
Belgium	25%
Austria	28.57%
Netherlands*	35.66%
Portugal	40%
Finland	50%
Latvia	75%
Lithuania	75%
Greece	75%
Cyprus	100%
Estonia	100%

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Release date

July 2021

More information

Region

Europe

Survey time period

Q2 2021

Number of respondents

144 respondents

Age group

18 years and older

Special properties

Senior loan officers at a representative sample of euro area banks, reflecting the characteristics of their respective national banking structures

Method of interview

Questionnaire

Supplementary notes

This question was phrased by the source as follows: "Over the past three months (apart from normal seasonal fluctuations), how has the demand for loans to households changed at your bank? Please refer to the financing need of households independent of whether this need will result in a loan or not."

* The numbers provided for this country follow a slightly different methodology, as the weighted net percentage is based on the share of each bank in the total loan outstanding amount of the banks included in the sample.

Release date is date of access.

Citation formats

Demand for housing loans continued declining across some eurozone countries, according to survey results in the second quarter of 2021. Among the countries where banks reported a decline in loan demand higher than the banks reporting an increase in loan demand were Slovenia, Luxembourg, France, Spain, Slovakia, and Italy. The source adds that lower consumer confidence was the main reason for this decrease, as banks cited the negative impact of the coronavirus pandemic on households. In Estonia, Czprus, Greece, Lithuania, and Latvia, on the other hand, more than 75 percent of banks surveyed reported growth in loan demand.