{"id":3678,"date":"2023-11-09T17:52:28","date_gmt":"2023-11-09T16:52:28","guid":{"rendered":"https:\/\/www.marbellaforsale.com\/blog\/?p=3678"},"modified":"2023-11-09T17:52:28","modified_gmt":"2023-11-09T16:52:28","slug":"home-sales-in-spain-down-in-august","status":"publish","type":"post","link":"https:\/\/www.marbellaforsale.com\/blog\/home-sales-in-spain-down-in-august\/","title":{"rendered":"Home Sales in Spain Down in August"},"content":{"rendered":"
\"Home

Home sales in Spain fell 14.4% in August<\/p><\/div>\n

Property transfers in Spain saw a 7.3% fall in August, when compared to the same month of the previous year. The total number of properties transferred in the public registry was 166,982.<\/strong><\/p>\n

For the number of sales of properties, the number was 93,917, which is 11.5% higher than in August 2022.<\/p>\n

Of those sales, 88.3% were those of urban properties, while 11.7% were rural properties. In the case of urban property sales, 59.4% were sales of private dwellings, according to data from the INE<\/a>.<\/p>\n

The number of purchases and sales of rural properties decreased by 1.8% in August compared to the same month last year, while the number of urban property sales decreased by 12.6%. Within the latter, home sales registered an annual decrease of 14.4%<\/strong>.<\/p>\n

19.1% of the homes transferred by sale in August were new build properties, while the other 80.9% were second-hand homes.<\/p>\n

The number of transactions on new homes fell by 7.3%<\/strong> compared to August 2022 and that of used homes fell by 15.9%.<\/p>\n

Autonomous Communities<\/h3>\n

In the month of August, the total number of transferred properties registered in the property registries per 100,000 inhabitants reached its highest values in Castilla y Le\u00f3n (777), La Rioja (664) and Castilla\u2013La Mancha (614).<\/p>\n

Castilla y Le\u00f3n (7.8%), Castilla\u2013La Mancha (3.8%) and Principado de Asturias (2.8%) registered the highest annual variation rates.<\/p>\n

The Balearic Islands (\u201328.2%), Comunidad de Madrid (\u201314.1%) and Andalusia (\u201313.8%) presented the lowest annual rates<\/strong>.<\/p>\n

Looking at registered home sales, the communities with the highest number of transmissions per 100,000 inhabitants were Comunitat Valenciana (192), Andaluc\u00eda and Cantabria (both 154).<\/p>\n

The only autonomous communities in which the number of home sales increased in August are Comunidad Foral de Navarra (8.7%) and Principado de Asturias (3.7%).<\/p>\n

The Balearic Islands (\u201337.7%), the Canary Islands (\u201325.6%) and the Community of Madrid (\u201322.9%) registered the greatest falls in the number of home sales.<\/p>\n\t

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