The National Statistics Institute has published monthly data about new home sales in September 2009. Overall, there has been no significant improvement or deterioration in market conditions. In September, it was signed 33.276 home sales, excluding social housing, which is 7.4% higher than in the previous month, but 19% lower than in the same month last year. Compared with the results of two years ago, in September sales fell 42%, it shows how much the market has decreased since its peak. According to this data, despite the fact that now the market is much less than it was before its further reduction does not occur. Apparently, the Spanish real estate market reached its bottom at around 30,000 transactions per month. On this Site www.spanishpropertyinsight.com
Spanish real estate market reached its bottom
24.11.2009
Homesoverseas.ru editorial office
128
Discussion
Subscribe to new comments
from 316 500 €
seller: TEKCE Real Estate
560 000 €
seller: SpainLuxInvest