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In August 2015 there were 29,369 property sales that took place in Spain, an increase of 24.2%, compared to the same time last year, according to figures published by the Central Statistics Unit.

Nearly all of Spain’s seventeen regions showed positive growth, apart from the region of Castilla-La Mancha where there was a small decrease of 0.5%.

Murcia saw the most significant increase in property sales rising by 49.9% compared to August 2014. Aragon, Madrid and the Communidad Valenciana had increases of 39.5%, 33.1% and 32.8%.

The new figures show that it is the twelfth consecutive month to show increased activity in the property sales sector.

The most active market was in the region of Valencia with 110 sales per 100,000 inhabitants, followed by the Balearics and Murica both with 96.

Resale properties are still claiming the majority of the 29,369 sales with new builds only accounting for 5,941, 20.2%.

On a wider scale, from January-August, there were 12% more property sales in Spain than there was the same time last year. These figures represent the start of an upturn in the property market which analysts have been predicting.

 

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