Mon. Oct 21st, 2019

The sale of housing collapsed 21% in August – La Provincia


The sale of homes plummeted 21.1% in Augustin relation to the same month of 2018, until adding 35,371 operations, its 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 consequence of the fall in operations overused homes21.1%, up to 28,945 transactions, and a 21% decrease in the sale ofnew homes, up 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.

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