The total number of properties transferred in the property registers in Spain during the month of September was 153,247. This is 13.2% less than in the same month of 2022, according to data from the INE. In the case of property sales, the number was 82,778. This represents a decrease of 20.1% when compared to Continue Reading
Property Sales Slow Again in September
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Category Archives: Mortgage
Home Sales and Mortgages Decline in February
Data provided by the College of Property Registrars on the home sales and of new mortgages registered during the month of February confirms the downward trend and the impact on the market of the coronavirus pandemic. After the bad start seen in January, with the biggest drop seen in mortgages (-30.4%) and the return to Continue Reading
Home Mortgage Borrowing Up in January
January saw a 6.1% increase in the number of new home mortgages. The average amount, however, fell by 5% to 114,691 euros, according to data released by the INE. On all property types, the average amount also fell, with an average of 129,387 euros, 12.2% lower than the same month in 2019. The total amount Continue Reading
Home Mortgage Borrowing Up in 2019
In December, there were 30,285 new mortgage loans for home purchases, a massive 43% more than in December 2018. Compared to the previous month, the variation was +3.9%, according to figures released this week by the INE. The average amount of those loans fell slightly to 122,079 euros, a 4.2% drop. The total amount of Continue Reading
Andalusia Homes Sales Up in December
There was 53,947 housing sales/purchases in December, an annual decrease of 1.2%, according to data from the Council of Notaries. By type of property, there was a 3.8% reduction in the sale of apartments, with both new properties (-15.1%) and second-hand properties (-0.7%) seeing a contraction in sales. Meanwhile, the sale of single-family homes reached Continue Reading
Property Prices Recovered in Third Quarter
In the third quarter of 2019 the sale of housing decreased across the country, falling 6.3% nationally, continuing the trend of the previous quarter. Only Murcia saw property sales increase with a 3.4% rise in sales, according to a report from the Notaries. Only Aragon and Catalonia managed to keep the fall below 2% (-0.2% Continue Reading
House Prices Down Slightly in November
Sales of housing in November reached 47,182 transactions, according to notaries. This represents a year-on-year fall of 5.6%. The average price per square metre of homes sold in November was €1,406, representing a slight fall of 0.4%. Meanwhile, there was a 10.3% increase in new mortgage loans taken for the purchase of a home in Continue Reading
