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CRIF: demand for mortgages up by 11.5% in August

Posted: 6 September 2016

According to the Barometro CRIF, or CRIF Barometer, a company specialising in credit information systems, the number of applications from Italian families for new mortgages and subrogations saw an 11.5% increase on the same month in 2015.

With reference to the month of August alone, this is a record in absolute terms since records began.

At the same time, however, there was also a decrease in the average mortgage amount, which in 2016 was seen to stand at €121,918.