Mortgage update Q2 2023
Downward trend in mortgage revenue comes to a halt; sharp rise in number of mortgages closed among first-time buyers
The decline in mortgage revenue over the past three quarters is coming to a halt. In the second quarter of 2023, mortgage revenue rose 5.6% to €25 billion. This increase was strongest among first-time buyers with 13.1% amounting to €7.1 billion compared to the first quarter of 2023. With this climb, there was also a sharp increase in the number of mortgages taken out among first-time buyers.
Read this and more in the new quarterly mortgage update.