{"id":3712,"date":"2024-03-28T17:11:43","date_gmt":"2024-03-28T16:11:43","guid":{"rendered":"https:\/\/www.marbellaforsale.com\/blog\/?p=3712"},"modified":"2024-03-28T17:11:43","modified_gmt":"2024-03-28T16:11:43","slug":"increase-in-new-build-property-sales-in-january","status":"publish","type":"post","link":"https:\/\/www.marbellaforsale.com\/blog\/increase-in-new-build-property-sales-in-january\/","title":{"rendered":"Increase in New Build Property Sales in January"},"content":{"rendered":"
\"Sales

Sales of new homes increased 3.6% in January<\/p><\/div>\n

The total number of properties transferred in January 2024 was 192,398, a 2.2% increase over the same month in 2023.<\/strong><\/p>\n

In the case of property sales, there were 108,364 recorded, an annual increase of 3.2%<\/strong>.<\/p>\n

86.5% of those sales correspond to urban properties, with 13.5% being rural properties. Of those urban sales, 58% were private dwellings.<\/p>\n

The number of purchases and sales of rural properties increased by 10.5% in January, when compared to the previous year. Sales of urban properties increased by 1.2%. Home sales saw a small decrease of 2.1%, when compared to the previous year.<\/p>\n

20.1% of the homes transferred by sale in January were new build, with 79.9% being second hand, according to figures from the INE<\/a>.<\/p>\n

The number of sales on new build properties<\/a> showed an increase of 3.6%, compared to last year, while used home sales fell by 3.4%.<\/p>\n

Autonomous Communities<\/h3>\n

Castilla y Le\u00f3n (30.5%), Galicia (15.9%) and Comunidad Foral de Navarra (15.7%) recorded the highest annual variation rates in January in the total number of properties transferred.<\/p>\n

The Basque Country (-9.1%), Andalusia (-5.9%) and Valencian Community (-5.4%) presented the lowest annual rates.<\/p>\n

Looking at sales of homes, the autonomous communities that presented the greatest increases<\/strong> were Castilla\u2013La Mancha (25.8%), Castilla y Le\u00f3n (21.1%) and Galicia (20.5%).<\/p>\n

La Rioja (-12.8%), Community of Madrid (-11.6%) and the Basque Country (-11.5%) registered the largest decreases. Andalucia also saw a significant fall in homes sales with a fall of 10.5%.<\/p>\n

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