Spain Bank to Sign Record 500k Mortgages for Second Year, Peak Expected 2027

A Spanish bank is on track to sign 500,000 mortgages for a second consecutive year, the highest since the housing bubble era nearly two decades ago. Bankers expect the market to clearly deflate in 2027 as rising interest rates take effect. The record volume suggests sustained housing demand, but the anticipated slowdown signals a potential turning point for the Spanish property market.