Spanish Home Sales Down 10% in July

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Spanish Home Sales Down 10% in July

The total number of transferred properties registered in the property registries in July was 170,109 This shows a fall of 4.7%, when compared to the same month of 2022. In the case of purchases and sales of registered properties, we see 92,262 registered transactions, representing an annual decrease of 8.7%, according to data from the Continue Reading

Homes Sales Up 25% in March

Andalucía saw a 27.3% increase in home sales

The total number of transferred properties registered in the property registers (from public deeds) in the month of March is 227,773, which is 13.1% more than in the same month of 2021. In the case of registered property sales, the number of transfers is 120,462, showing an annual increase of 20.9%. These figures further confirm Continue Reading

Big Increase in Home Sales in February

Big Increase in Home Sales in February

February 2022 saw a total of 198,895 properties transferred in the property registers. This is 11.4% more than in the same month of 2021. In the case of registered property sales, the number of transactions recorded is 108,299, representing an annual increase of 21.1%, according to data from the INE. 86.8% of the purchases registered Continue Reading

Home Sales Up 7% in September

Andalucia saw a large increase in sales

In September, there were 177,901 property transfers listed in the property registers. This is 15.9% more than in the same month of 2020. In the case of registered property sales, the number is 102,561, an annual increase of 29.3%. 87.5% of the sales registered in September correspond to urban properties and 12.5% were rustic properties. Continue Reading

Property Market Back to Pre-Pandemic Levels

Sales in Andalucia back to pre lockdown levels

In June, there was 193,000 property transfers registered in the public register. This is 70.5% more than in the same month of 2020. In the case of property sales, the number of transactions reached 100,204, an annual increase of 82.5%, according to data from the INE. 84.9% of the sales registered in June corresponded to Continue Reading

Property Transfer Tax Reduced in Andalucia

A new flat rate of 7% will be welcomed

Some good news for property buyers recently announced is that the Andalusian government has approved a decree that includes a reduction in the Property Transfer Tax on the purchase and sale of second-hand homes. Previously, there were three rates set at 8%, 9% and 10% (depending on the property value) but these will now be Continue Reading

Home Sales Up 32% in March

Homes sales in Andalucia increased 32.4%

The total number of property transfers registered in the property registers in the month of March was 200,774, which is 42.3% more than in the same month of 2020. In the case of registered property sales, the number of transfers is 99,410, representing an annual increase of 37.5%. 85.2% of the sales registered in March Continue Reading

Home Sales and Mortgages Decline in February

New mortgages fell 12.8% compared to last year

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

Spanish Home Sales Up in November

New property sales up 0.6% in November

According to figures from the National Institute of Statistics, there were 83,221 property sales in November, an annual increase of 4.2%. 84.6% of those property sales were urban properties, with the remaining 15.4% classed as rustic. In the case of the urban properties, 56.3% were for the sale of homes. The number of sales of Continue Reading

Average House Price Down in November

New apartme sales increased 17.5% year-on-year

November 2020 saw 48,251 home sales in Spain, representing a year-on-year fall of 0.9%. Considering the months of lockdown, this fall is nothing like as bad as was expected. By type of property, the sale of apartments/flats showed a year-on-year fall of 7.6%, according to a report from the Notaries. This reduction in apartment sales Continue Reading