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Tag Archives: sales

Spanish Home Sales Up in December

Property sales fell -17.7% across Spain

The number of property transfers registered in the property registers (from public deeds) in December 2020 was 150,891, which is 9.1% more than in the same month of 2019. In the case of registered property sales, the number of transfers is 76,516, with an annual increase of 7.2%. 84.3% of the sales registered in December Continue Reading

Drop in Foreign Buyers in First Half of 2020

First half of 2020 saw loss of foreign buyers

The sale of housing to foreign buyers suffered greatly during the early stages of lockdown resulting in a negative variation in the first half of 2020. Notaries recorded 37.4% fewer transactions than in the same half of the previous year. For the first six months of 2020, home purchases made by foreign buyers accounted for Continue Reading

Housing Sales Increased in September

Andalucia saw a 6.5% increase in home sales

Property sales in Spain showed an annual increase of 5.4% in September, rising to 79,157 sales. Sales of housing reached 37,839 transactions. This shows a -1.1% reduction when compared to September 2019. However, on the monthly variation, home sales increased 20.5% when compared to August 2020, according to figures from the INE. 83.7% of the Continue Reading

Home Sales Down 12% in August

New Home sales increased 6.4% in August

In August, the number of home sales in Spain fell by 12.1% when compared to August 2019. Considering what the country has been through in recent months this is not a big fall and is far smaller than many expected. This also shows that the property market is resilient and is recovering well from the Continue Reading

New Buyers Could Save Property Market

Property viewings have changed lately

The latest property sales data released by the INE for April 2020, shows a decrease of 39.2%, more than double the 18.6% fall we saw in March. This is of course due to the state of alarm introduced across Spain in March to control the coronavirus and the figures do not come as a surprise. Continue Reading

Home Purchases by Foreigners Up in 2019

European buyers dominate sales to foreigners

In the second half of 2019, the sale of housing to foreign buyers increased by 0.5% year-on-year, according to figures released by the General Council of Notaries. Sales to foreign buyers recovered from the 3.2% decline which we saw in the first half of the year. Non-resident foreign buyers accounted for 42% of operations, a Continue Reading

COVID-19 Hits Sales Figures in March

Empty beaches, empty real estate offices!

Figures released by the INE this week reflect the predicted decline of property sales in March with an 18.6% fall. This followed the return to positive monthly variations in February after six consecutive months of falls. Of course, the fall in March is a direct result of the declaration of a state of alarm by Continue Reading

Home Sales in Spain Slow in February

Andalusia saw 8,882 home sales in February

In February 2020 there were 89,710 property sales registered in the public records. This represents a fall of 1.1% when compared to February 2019. When compared to the previous month the variation is -0.5%, according to figures released by the INE. In terms of home sales, there was 44,104 registered sales recorded in the registers. Continue Reading

British Still Most Numerous Foreign Buyers

Brits still dominate sales to foreign buyers

The sale of property to foreign buyers fell by 3.2% in the first half of 2019. Non-resident foreign buyers accounted for 41% of those transactions, a fall of 9.7%. Resident foreign buyers accounted for 59%, representing an increase of 1.9%, according to data from the General Council of Notaries. Purchases by foreign buyers varied greatly Continue Reading

Property Market Stable in September

Property Market Stable in September

There was 42,538 property sales/purchases in September, according to data from the General Council of Notaries. On the annual rate this figure is unchanged from the previous year. When compared to August the monthly variation is a fall of 4.8%. By type of housing, the sale of apartments showed a slight decrease of 1.2%. This Continue Reading