Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Spain property sales up 15.5% in February

Source: El Pais - Thu 9th Apr 2015
Spain property sales up 15.5% in February

The number of house sales in Spain increased 15.5% in February compared with the same month in 2014 – the largest rise in recent months – according to data released by the National Statistics Institute (INE) on Thursday.

Property sales have now increased for six consecutive months as the market gradually begins to recover from the huge crash that hit when Spain's housing bubble burst at the end of 2007. The rise can be attributed exclusively to a 50.4% increase in sales of existing homes – 21,613 of the 29,714 transactions carried out in February were of this sort.

In contrast sales of new homes dropped 28.6% compared with the same month last year, with just 8,101 operations.

The figures correspond to sales entered into property registries relating to contracts signed in previous months.

In terms of the number of sales per 100,000 inhabitants, the biggest rises in February were seen in the regions of Valencia (105) and Madrid (96), while Andalusia continues to lead the way in total sales with 6,149 transactions, followed by Madrid (4,834), Catalonia (4,558) and Valencia (4,132).

Recommended Reading :

* Spain sees value of resale properties up 30% in 2014

* Spain sees property prices up 18% in Q4

Comment on this Story

 
Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Articles

Related Blogs