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Spain housing sales rise 11.1 percent in 2015 y/y

Source: Reuters - Wed 10th Feb 2016
Spain housing sales rise 11.1 percent in 2015 y/y

Spanish housing sales rose 11.1% in 2015 from a year earlier, official data showed on Wednesday, the sharpest rise since the property bubble burst in 2008 when sales dropped almost 30%.

The total number of homes sold in 2015 was 354,132, almost half that sold in the year before the crash, with 775,300 houses sold in 2007.

The number of houses sold in December rose 6.8% from the same month a year earlier to 27,625, the National Statistics Institute said.

Recommended Reading :

* Unsold Spanish property falls by 50%

* Spain's home mortgages rise by 20.2% in Sept

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