Following slightly disappointing sales figures during January, property sales once again entered positive territory in February – growing by 5.3% to reach a total of 43,695 transactions, according to the government’s central statistics unit. Read more »
The number of Spanish mortgages constituted in January rose to the highest level achieved in eight years, while figures in Madrid was double that of a year ago.
The number of residential mortgage loans taken out across Spain during the first month of the year rose by 22.5% to 36,832, compared with the same month in 2018, according to the government’s central statistics unit. Read more »
The number of residential properties sold across Spain in January remained almost unchanged compared to the same month last year, thanks to a rise in new home sales.
A total of 42,850 home sales were inscribed in the Land Registry in January, compared with 42,745 the year before, according to the latest figures from the National Statistics Institute (INE).
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Spanish property prices rose by 5.7% in December to €1,459/m2, one of the highest figures reached throughout the whole of 2018, according to the Spanish notaries.
As well as rising house prices, the property market also saw positive increases in property sales and mortgage activity. Read more »
Spanish mortgage activity rose in November but the amount of money borrowed on the average residential mortgage dropped, along with the number of housing purchases.
A total of 21,698 mortgages were constituted on residential housing during November, representing a rise of 3.5% from the same period in 2017. Meanwhile, the average loan capital fell by 1.8% to €133,892, the first year-on-year decline in nine months, and property sales fell by 3.6% to 47,254 units. Read more »