In 2016, the sales of Spanish property increased by 13.6%, reaching 403 866 transactions. As the portal Noticia.ru citing data from the National Statistics Institute of Spain (INE), is the third most significant average annual increase in prices since 2007.
In December 2016, the number of transactions c Spanish housing increased by 6.8% compared to the same period in 2015, accounting for 29 582 transaction. Thus, this figure increased for 27 of the last 28 months. With the exception of January (-2.9 percent) in the past year has seen a stable increase in the cost of Spanish property. In February, this decline was offset by growth of 15.8%. Similar trends were observed in March (16.8 percent), April (29%), may (23%), June (20%), July (by 1.1%), August (20,3%), September (13.2%), and October (6.5 percent), November (17.3%) and December (6.8 percent) last year.
Positive dynamics in 2016 once again proved to be caused by positive changes in the segment of the secondary housing, where the number of deals rose to 328 248 (+17,8%). It accounted for 81.3% of the total number of transactions in real estate. Existing home sales have been increasing for four consecutive years. In turn, the number of transactions with new buildings decreased by 1.7% to 75 618 transactions. In this sector the fall in prices seen for the past six years.
As for the regions, last year's growth was observed in all the Autonomous regions. Most pronounced it was on the Balearic Islands (+31%), Catalonia (+20%) and Extremadura (+18,6%). Leaders in the number of transactions was Andalusia (78 708), Catalonia (66 447), Madrid (58 231) and Valencia (57 828).
HomesOverseas.ru
