Value of new mortgage loans grows 18% y/y in Q2

The value of new mortgage loans granted by banks in Q2 2018 increased by 6.4 percent q/q to PLN 13.74 billion, while the number of loans fell by 2.67 percent against the previous quarter to 53,686 loans, a report by Amron-Sarfin stated. Compared to Q2 2017, the value of new mortgage loans grew by over PLN 2 billion, which translates into a 17.59 percent increase, making this year’s second quarter’s results the highest since 2010.

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