The quarterly value of residential mortgage lending in Belgium declined notably in 2023. Per quarter, the value of mortgage loans between 2016 and 2023 ranged between seven and 16 billion euros. In the second quarter of 2023, the market saw about 7.5 billion euros in new lending. One of the reasons for the market slowing was the increase in the interest rate - a trend observed across most European countries.
Gross residential mortgage lending in Belgium from 1st quarter 2016 to 2nd quarter 2023
(in million euros)
Characteristic
Gross mortgage lending in million euros
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European Mortgage Federation. (October 18, 2023). Gross residential mortgage lending in Belgium from 1st quarter 2016 to 2nd quarter 2023 (in million euros) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/673322/quarterly-gross-residential-mortgage-lending-in-belgium/
European Mortgage Federation. "Gross residential mortgage lending in Belgium from 1st quarter 2016 to 2nd quarter 2023 (in million euros)." Chart. October 18, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/673322/quarterly-gross-residential-mortgage-lending-in-belgium/
European Mortgage Federation. (2023). Gross residential mortgage lending in Belgium from 1st quarter 2016 to 2nd quarter 2023 (in million euros). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/673322/quarterly-gross-residential-mortgage-lending-in-belgium/
European Mortgage Federation. "Gross Residential Mortgage Lending in Belgium from 1st Quarter 2016 to 2nd Quarter 2023 (in Million Euros)." Statista, Statista Inc., 18 Oct 2023, https://www.statista.com/statistics/673322/quarterly-gross-residential-mortgage-lending-in-belgium/
European Mortgage Federation, Gross residential mortgage lending in Belgium from 1st quarter 2016 to 2nd quarter 2023 (in million euros) Statista, https://www.statista.com/statistics/673322/quarterly-gross-residential-mortgage-lending-in-belgium/ (last visited August 24, 2024)
Gross residential mortgage lending in Belgium from 1st quarter 2016 to 2nd quarter 2023 (in million euros) [Graph], European Mortgage Federation, October 18, 2023. [Online]. Available: https://www.statista.com/statistics/673322/quarterly-gross-residential-mortgage-lending-in-belgium/