The National Bank of Belgium published new statistics on the Belgian market for loans for house purchases, showing a sharp expansion in new lending in 2025. The volume of new loans increased to EUR 40.7bn in 2025 from EUR 31.7bn in 2024, and the annual growth rate was reported at 3.9%. The composition of new lending remained broadly stable, with loans for purchases of real estate (with or without renovation work) holding at around 75.0% of new loans, while the share of new builds fell from 14.1% to 11.0% over two years. The average value of a new loan excluding refinancing rose from EUR 168,656 to EUR 187,632, mainly reflecting higher amounts for house purchases, and long-term contracts remained the dominant product type at 74.3% of average monthly volumes in 2025 despite rising interest rates on new long-term contracts.
National Bank of Belgium 2026-02-05
National Bank of Belgium reports Belgian home purchase lending rose to EUR 40.7bn in 2025
The National Bank of Belgium reported a significant increase in new loans for house purchases in 2025, with volumes rising to EUR 40.7 billion from EUR 31.7 billion in 2024 and an annual growth rate of 3.9%. The composition of lending remained stable, with real estate purchases comprising 75% of new loans, while the average loan value increased to EUR 187,632, reflecting higher amounts for house purchases despite rising interest rates.