Coglasno the latest data of the National Statistics Institute of Spain, sales in April 2016 increased by 29% to 35,199 transactions, compared to April 2015. This is the most significant sales growth since August 2010. At the same time, housing prices in I quarter increased by 6.3%, which was the most significant growth since 2007, according to Spanish property portal Kyero .
Thus, house prices in Spain in April 2016 grew at a significant rate for the third consecutive month, they rose by 15.8% in February, and in March by 16.8%.
Such positive indicators have largely become possible thanks to the excellent performance of the secondary market, the volume of sales which, according to the National Institute of Statistics, rose by 32.2% (28,028 transactions). primary real estate sales also increased, by 17.6% (7171 transactions).
The Spanish daily newspaper El Economista said that in April, the highest sales per 100 000 inhabitants were recorded in Valencia (138), the Balearic Islands (129) and in Madrid (103).
The largest number of housing transactions were made in Andalusia (6715), followed by Catalonia (5465), Valencia (5423) and Madrid (5204).
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