{"id":3500,"date":"2022-04-27T12:46:10","date_gmt":"2022-04-27T10:46:10","guid":{"rendered":"https:\/\/www.marbellaforsale.com\/blog\/?p=3500"},"modified":"2022-04-27T12:46:10","modified_gmt":"2022-04-27T10:46:10","slug":"big-increase-in-home-sales-in-february","status":"publish","type":"post","link":"https:\/\/www.marbellaforsale.com\/blog\/big-increase-in-home-sales-in-february\/","title":{"rendered":"Big Increase in Home Sales in February"},"content":{"rendered":"
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Home sales grew a massive 24% in February<\/p><\/div>\n

February 2022 saw a total of 198,895 properties transferred in the property registers.<\/strong> This is 11.4% more than in the same month of 2021. In the case of registered property sales, the number of transactions recorded is 108,299, representing an annual increase of 21.1%, according to data from the INE<\/a>.<\/p>\n

86.8% of the purchases registered in February correspond to urban properties and 13.2% to rustic properties. In the case of urban, 57% were sales of residential properties.<\/p>\n

The number of sales of rustic properties increased by 13.7% in the annual rate in February and that of urban properties by 22.4%. Within the latter, housing sales recorded an annual increase of 24.0%<\/strong>.<\/p>\n

20.4% of the homes transferred by sale in February were new-build properties<\/a>, while the remaining 79.6% were second-hand. The number of operations on new homes rose by 9.2% compared to February 2021 and that of used homes by 28.4%.<\/p>\n

Home sales made by private buyers accounted for 66.8% of the total residential sales recorded in February 2022.<\/p>\n

Results by Autonomous Communities<\/h3>\n

In the month of February, the total number of transferred properties registered in the property registries per 100,000 inhabitants reached its highest values in La Rioja (912), Castilla y Le\u00f3n (845) and Arag\u00f3n (750).<\/p>\n

The Community of Valencia (29.5%), Castilla-La Mancha (22.6%) and La Rioja (22.1%) registered the highest annual variation rates.<\/p>\n

Comunidad Foral de Navarra recorded the only negative variation (\u201312.1%), while Galicia (0.1%) and Principality of Asturias (3.2%) show the lowest positive change.<\/p>\n

In terms of registered home sales, the communities with the highest number of transfers per 100,000 inhabitants are La Rioja (201), Valencia (199) and Andaluc\u00eda (163)<\/strong>.<\/p>\n

The communities that presented the greatest annual increases in the number of home sales<\/strong> in February were the Canary Islands (52.2%), La Rioja (46.3%) and the Balearic Islands (42.2%).<\/p>\n

The smallest increases occurred in the Principality of Asturias (8.0%) and Galicia (8.8%). The only community with a negative variation rate in the number of home sales is Comunidad Foral de Navarra (\u20134.6%).<\/p>\n

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