Tue. Apr 7th, 2020

The number of homes sold reaches July maximums since May 2008

The sale of homes increased by 3.8% in July compared to the same month of 2018, to 47,890 operations, the highest volume since May 2008, according to data from the National Institute of Statistics (INE), which reflect that this indicator returned to the upward path it abandoned in June (-9%).

The sale of Newly built homes shot up 12.1% year-on-year, up to 8,536 transactions (17.8% of the total).

For its part, the second-hand market rose 2.1%, to 39,354 transactions (82.2% of the total). In June he had broken with a streak of 14 consecutive months in positive.

With respect to June, the sale of houses rebounded 16.9%, according to the statistics of the INE, which being prepared with data from the registrars reflect operations closed before a notary a couple of months before.

In the accumulated of the first seven months of the year, the sale of homes has risen 0.6%, with an increase of 8.1% in the segment of new construction and a 1% drop in that of used housing.

Back to the June data, the free housing market grew 4.2% and totaled 43,512 operations, and the official protection market fell 0.3%, with 4,378 sales transactions. Since the beginning of the year, the free market has advanced 0.4% and the protected market 2.3%.

. (tagsToTranslate) larazon.es

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