Mortgage update Q3 2024

Mortgage market revenue in the third quarter of 2024 again reached the highest level in two years. After the decline in mortgage sales in 2022, the recovery continues and the market is well on its way to reaching the levels seen before the slump. Compared to a year ago, the mortgage market increased 36.4% in sales, and compared to last quarter, this represents growth of 14.7%.

Despite weaker growth in the second quarter among the first-time buyers, this group regained its growth in mortgage sales and number of mortgages in the third quarter. Therefore, the growth of the mortgage market in the past quarter is mainly attributable to first-time buyers.

Read this and more in the new quarterly mortgage update.