Mon. Mar 30th, 2020

The sale of homes records its worst August in four years

The sale of homes collapsed by 21.1% in August in relation to the same month of 2018, adding up to 35,371 operations, the lowest figure in a month of August since 2015, as reported on Thursday by the National Institute of Statistics (INE ).

With this decline, the sale of homes returns at negative interannual rates after almost 4% in July.

The decline recorded in August was a result of the drop in operations on used homes by 21.1%, to 28,945 transactions, and the 21% decrease in the sale of new homes, to 6,426 operations.

91.4% of the homes transmitted by sale in the eighth month of the year were free homes and 8.6% were protected.

The sale of free homes fell 20% in August in an interannual rate, to 32,329 transactions, while operations on protected homes fell 31.5%, with 3,042 transactions.

. (tagsToTranslate)

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