Evictions soar 57% in 2021, to the highest figure in five years
The number of foreclosures on habitual residences stood at 11,947 in 2021, a figure that is the highest since 2016 and represents an increase of 57.4% compared to 2020, its largest annual rise since the beginning of the series, in 2014 , according to the statistics of foreclosures published this Monday by the National Institute of Statistics (INE).
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With this rise, foreclosures on habitual residences chain two years of increases after in 2020, the year in which the pandemic began, they rose 41.6%, according to Europa Press.
In the fourth quarter of 2021 alone, 3,231 foreclosures on habitual residences were registered, 42.6% more than in the previous quarter, and 4.8% more than in the fourth quarter of 2020.
The main objective of this statistic is to offer quarterly the number of mortgage foreclosure certifications initiated and registered in the Property Registries during the reference quarter. Statistics remember that not all foreclosures end with the release (eviction) of their owners.
In 2021, 32,383 foreclosures were initiated, 7.4% less than in 2020. Of these, 30,697 affected urban properties (which includes homes) and 1,686 rural properties.
Foreclosures on urban properties fell by 8.2% compared to 2020. Within urban properties, 20,206 foreclosures corresponded to homes, 6.8% more than in 2020, and of these 14,862 were foreclosures on homes of individuals , a figure 53.3% higher than that of 2020.
For its part, foreclosures on homes of legal entities decreased by 42.1% last year, to 5,344, while those carried out on plots fell by 25.2% and totaled 906.
Final stretch of 2021
In the last quarter of 2021, home foreclosures accounted for 64.9% of the total.
The INE breaks down that 34.8% of all mortgage foreclosures are habitual residences of natural persons. They add up to 3,231, 4.8% more than in the fourth quarter of 2020. Meanwhile, 13.4% corresponds to homes of legal persons and 10.4% to other homes of natural persons.
In the first case there are 1,057 executions (44.4% less in annual rate) and in the second there are 818, 7.9% more. On the other hand, other urban foreclosures (premises, garages, offices, storage rooms, warehouses, residential buildings, other buildings and urban developments) account for 27.8% of the total.
Valencia and Andalusia, in the lead
The communities with the highest number of certifications for foreclosures over the total number of properties in 2021 were Comunitat Valenciana (7,573), Andalucía (6,727) and Catalunya (5,287).
For its part, Comunidad Foral de Navarra (136), La Rioja (266) and Cantabria (273) registered the lowest number.
Andalucía (4,510), Comunitat Valenciana (4,402), and Catalunya (3,703) recorded the highest number of foreclosures on homes in 2021. The communities with the least were Comunidad Foral de Navarra (86), La Rioja (133) and Cantabria ( 164).
