Up to August 2026, a total of 11,451 mortgages on homes were recorded in the Canary Islands, a figure similar to the same period in 2025. An increase in mortgage registrations was observed in Lanzarote (56.5%), El Hierro (41.2%), and La Palma (1.1%). This data comes from the Mortgage Statistics published by the Canarian Institute of Statistics (ISTAC).
On the other hand, Fuerteventura experienced the largest relative reduction in the number of home mortgages, with 20.0% fewer, translating to 202 fewer signings compared to the previous year. Reductions were also recorded in Tenerife (2.9%) and Gran Canaria (1.6%). Despite the decrease, Gran Canaria was the island where the most home mortgages were signed between January and August 2026, with a total of 4,702.
In August 2026, 1,197 mortgages on homes were signed in the Canary Islands, a 2.4% decrease compared to August 2025. Notable relative increases were seen in La Palma (77.8%), La Gomera (50.0%), and El Hierro (40.0%), followed by Tenerife (18.2%) and Fuerteventura (8.9%). In absolute terms, the largest increase was in Tenerife (86 more mortgages) and La Palma (14 more).
Regarding the amount of mortgages constituted, Tenerife led between January and August 2026 with 788.1 million euros, followed by Gran Canaria with 683.9 million euros. These two islands account for 82.4% of the total capital lent for home mortgages. In August, the registered amount was 197.7 million euros, 9.6% more than in August 2025.
The ISTAC statistics also detail cancelled and modified mortgages, distinguishing between rural properties, homes, plots, and other urban properties.
