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In Spain, home sales rose in the 3rd quarter

18.11.2010
Homesoverseas.ru editorial office
28
According to official registration data reflecting the number of issued certificates of ownership, 124,593 housing units were sold in Spain in the 3rd quarter of this year, which is 13% higher than last year. At the same time, sales of new buildings increased by 9%, and in the secondary market by 17%.

In general, in the 12 months from October last year to September this year, 454,283 housing units were sold, and even if we take into account that some of these transactions are actually real estate foreclosures by banks, the total sales volume is about 400,000, experts believe.

At the same time, as we noted previously, according to the National Institute of Statistics, sales in September decreased by 4.5% year-on-year.

Based on the materials of the www.spanishpropertyinsight.com

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