Registered home sales increased 53.5% year-on-year in Spain
In July, 18.9% of the dwellings transferred by sale were new and 81.1% were used
Home sales in Spain registered a year-on-year increase of 53.5% in July, according to data from the Spanish statistical office (Instituto Nacional de Estadística, INE).
In July, 92% of the dwellings transferred by sale were free-market dwellings and 8% were protected dwellings.
The number of free dwellings transferred by sale increased by 58%, and that of protected dwellings by 15.5% compared with July 2020, the INE said in a press release.
In July, 18.9% of the dwellings transferred by sale were new and 81.1% were used.
The number of new home transactions rose 40.2% compared to July 2020 and that of used homes 56.9%.
Source: INE
Housing sales by region
The Spanish regions (autonomous communities) that registered the greatest annual increases in the number of housing sales in July were Cantabria (79.1%), Madrid (78.9%) and Galicia (66.5%).
The only region with a negative variation rate (-6.5%) was País Vasco (the Basque Country).
The smallest annual increases were recorded in Extremadura (13.3%) and Aragón (28.6%).
Source: INE.