MADRID, 8 Sep. (EUROPA PRESS) -

The number of foreclosures on habitual residences stood at 2,697 in the second quarter, a figure that is the lowest in a second quarter since 2020 and represents a decrease of 16% compared to the same period in 2022. However, in relation to the quarter Previously, the number of foreclosures on habitual residences has increased by 6.1%.

This is reflected in the mortgage foreclosure statistics published this Friday by the National Statistics Institute (INE), whose main objective is to offer on a quarterly basis the number of certifications of mortgage foreclosures initiated and registered in the Property Registries during the reference quarter. Statistics reminds us that not all mortgage foreclosures end with the eviction (eviction) of their owners.

In the second quarter of the year, 5,386 foreclosures were initiated, 26% less than in the same period of 2022, but 4.2% more than in the first quarter of the year. Of them, 5,100 affected urban properties (which include homes) and 286 affected rural properties.

Foreclosures on urban properties fell 25.5% year-on-year in the second quarter and rose 3.3% in relation to the previous quarter. Within urban farms, 3,677 executions corresponded to homes, 21.6% less than in the second quarter of 2022 and 0.4% less than in the previous quarter.