Mortgage loans reached 450 USD bil in 2017 in Italy, according to the National Central Bank. This is 15.7 % more than in the previous year.
Historically, mortgage loans in Italy reached an all time high of 498 USD bil in 2013 and an all time low of 74.0 USD bil in 1998. When compared to Italy's main peers, mortgage loans in Austria amounted to 155 USD bil, 1,269 USD bil in France, 7.16 USD bil in Slovenia and 856 USD bil in Switzerland in 2017.
Italy has been ranked 11th within the group of 79 countries we follow in terms of mortgage loans, 2 places above the position seen 10 years ago.
A mortgage loan is a loan secured by real property through the use of a mortgage note.