This is a website for buyers, owners, and sellers of property in Spain, offering reliable information and resources to help you get things done with confidence. It is run by Mark Stücklin, author of the Spanish Property Doctor Column in The Sunday Times (2005-2008), and the book ‘Need to Know: Buying Property in Spain’ published by Collins.
The number of Spanish properties sold in July fell by an annualised 26%, to 46,467, according to the latest figures from Spain’s National Institute of Statistics (INE). Based on figures from the same source, sales fell by 30% in June, and 34% in May, suggesting that the rate of decline in sales is starting to slow.
The Ministry of Housing recently released figures showing year on year sales declining by 32% in the second quarter, broadly in line with the trend seen in the INE’s figures. Both sources show that Spanish property sales are down by more than a quarter compared to last year.
Unlike house price figures, housing market transaction figures are reasonably reliable in Spain.
The INE’s figures also show that almost 60% of sales take place in just 4 of Spain’s autonomous regions: Andalucia, Madrid, Valencia, and Catalonia.
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