The province registers 12,864 loans in the first half, 19% more than last year. June, with 2,646 signings, is the best month since 2007.
The province of Málaga has closed the first half of 2026 with the signing of 12,864 mortgages, the highest figure since 2010, according to data published this Wednesday by the National Institute of Statistics (INE). The increase is 19% compared to the 10,793 that were subscribed in the same period last year.
The June figure is particularly significant: 2,646 mortgage loans were established, a figure that can only be compared to 2009, when 2,611 were signed, and which has not been seen since June 2007, during the real estate boom, when 4,585 were reached. In the first half of 2010, the last peak, 12,901 loans had been subscribed.
This dynamism contrasts with the evolution of property sales, which are slowing down in the province. Between January and June, 17,710 transactions were closed, 4.5% less than in the same period of 2025. In June, sales rebounded to 3,154, but did not reach the levels of 2022, when nearly 3,900 houses were sold.
The mortgage signing data "surprises with its strong dynamism" in light of "the slowdown in the volume of housing transactions," values the general director of the mortgage division of Idealista, Juan Villén.
The direct consequence is that the weight of bank financing is growing. In the first half of 2025, 58% of property sales were financed with a mortgage (10,793 out of 18,535). This year, that percentage rises to 72%: of the 17,710 transactions, 12,864 were backed by bank credit. Cash purchases, associated with investment, are losing ground.
Villén points to two explanations: the change in the buyer profile, with more people needing financing to access housing, and increased activity in mortgage changes, which inflates the total figure. In the case of Málaga, the phenomenon is accentuated and is reflected in the national ranking.
The province has climbed positions: in the first half of 2025, it ranked sixth in mortgage signings, behind Madrid, Barcelona, Valencia, Alicante, and Sevilla. It now sits in fourth position, having surpassed Alicante and Sevilla. Nationwide, property sales have fallen 2.6% and mortgage signings have risen 7%, in both cases below the Málaga records.
For the Málaga buyer, the data confirms that the mortgage remains the predominant way to acquire a home, in a context of rising prices and a lower presence of cash payments. The coming months will tell whether this trend consolidates or if the rise in rates cools credit granting again.
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