Although away from the previous maximum in 2008, the year that marked the beginning of the financial crisis, loans for home purchase is to recover significantly this year.

Loans for home purchase until May rose 51.53% over the same period last year.

According to Público, in the first five months of this year were granted a total of 1,288 million euros in mortgage loans. If the pace seen until May continues, 2015 may be the best of the last three years for the industry.

Also sales and prices are rising slightly, permits for new constructions grew and register even an improvement of the conditions of the loans, especially the spreads.

Banks assume that the minimum spreads of the major financial institutions are already below 2%, below the figures of last year.

[Source]