Of the 26,076 homes sold in the month, 62.3 per cent were second homes, a 17.4 per cent increase from a year earlier, according to the National Statistic Bureau’s June data released today.
The 8.8 per cent annual increase for the month represents the fourth straight month of sales increases, but the overall numbers for the first half are still below 2013, El Pais notes. A total of 162,591 homes were sold between January and June, a 5.2 per cent decline from a year earlier. In the second quarter sales were down 7.3 per cent from the second quarter of 2013.
But the latest numbers appear to confirm that the endless stream of steady sales officially ended earlier this year.
The biggest jumps in sales were in Madrid (30.4 per cent), Extremadura (25.7 per cent) and Foral de Navarra (19.3 per cent). The biggest declines were Castilla-La Mancha (-21.6 percent), La Rioja (-12.8 per cent) and Castilla y Leon (-10.3 per cent).
Sales of new homes were down 3 per cent in June from a year ago. Overall, the number of property transfers – including all types of property – was down 8.8 per cent from a year ago.