{"id":3661,"date":"2023-09-22T19:12:18","date_gmt":"2023-09-22T17:12:18","guid":{"rendered":"https:\/\/www.marbellaforsale.com\/blog\/?p=3661"},"modified":"2023-09-22T19:12:18","modified_gmt":"2023-09-22T17:12:18","slug":"spanish-home-sales-down-10-in-july","status":"publish","type":"post","link":"https:\/\/www.marbellaforsale.com\/blog\/spanish-home-sales-down-10-in-july\/","title":{"rendered":"Spanish Home Sales Down 10% in July"},"content":{"rendered":"
\"Sales

Sales of new and used homes fell in July<\/p><\/div>\n

The total number of transferred properties registered in the property registries in July was 170,109<\/strong> This shows a fall of 4.7%, when compared to the same month of 2022.<\/p>\n

In the case of purchases and sales of registered properties, we see 92,262 registered transactions, representing an annual decrease of 8.7%, according to data from the INE<\/a>.<\/p>\n

87.8% of the sales registered in July correspond to urban properties and 12.2% to rural properties. In the case of urban properties, 59.6% were sales of private residences.<\/p>\n

The number of purchases and sales of rural properties decreased by 6.0% in July, when compared to July 2022, while the number of sales of urban properties decreased by 9.1%. Within the latter, home sales registered an annual decrease of 10.5%.<\/strong><\/p>\n

Of those home sales, 17.1% were sales of new property, while 82.9% were for second-hand homes.<\/p>\n

The number of new home sales showed a fall of 7.4% compared to July 2022, while the sale of second-hand homes slowed by 11.2%<\/strong>.<\/p>\n

Results by Autonomous Communities<\/h3>\n

In the month of July, the total number of transferred properties registered in the property registries per 100,000 inhabitants reached its highest values in Castilla y Le\u00f3n (711), Castilla\u2013La Mancha (629) and Arag\u00f3n (624).<\/p>\n

Extremadura (8.1%), Castilla y Le\u00f3n and the Basque Country (both 0.2%) register the highest annual variation rates.<\/p>\n

The largest fall in the volume of sales was seen in Navarra (\u201323.7%), La Rioja (\u201316.0%) and the Balearic Islands (\u201315.4%)<\/strong>.<\/p>\n

Looking only at home sales, the communities with the highest number of transmissions per 100,000 inhabitants were Valencia (189), Region of Murcia (149) and Andalusia (144)<\/strong>.<\/p>\n

The autonomous communities that presented the largest annual increases in the number of Spanish home sales<\/a> in July are Extremadura (5.2%), Principality of Asturias (3.8%) and Region of Murcia (0.2%).<\/p>\n

Galicia (\u201322.8%), the Canary Islands (\u201318.2%) and Navarra (\u201317.2%) showed the greatest falls in home sales in July.<\/p>\n\t

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