All of Spain’s 17 regions saw a rise in the number of properties sold during the month of April, new data shows.
The Spanish property market recovery is going from strength to strength and newly released sales figures from the government’s central statistics unit show that upward trends are being maintained.
A total of 42,014 properties exchanged hands during the month of April, representing a rise of 29.7% on the same month last year. All regions reported a rise in sales activity, with the most significant occurring in La Rioja and Murcia where sales rose by 59.1% and 50.2% respectively. Even the regions with the lowest rise in sales – the Balearic Islands 13.8% and the Basque Country 16.5% – were hardly below par.
In the first four months of the year, Spanish residential property sales grew over 170,000, a rise of 15.6% on the same period the year before. Over the last 12 months, property sales have grown to just over 488,000, a rise of 15.6% and the highest level reached since March 2009, reports newspaper Murcia Today.