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Increase in properties sold

MADRID – Was it only sporadically, or is of longer duration. Sales of homes sold throughout 2014 increased by 2.2% compared to 2013. A total of 319 389 homes in 12 months, making it for the first time in years that again increases are observed in the data from the Spanish Bureau of Statistics (INE).

The increases in selling properties is mainly due to the sale of used or second-hand dwellings in which the number of homes sold increased by 6%. Just for comparison, in 2009, the year after the crisis began in Spain, sales of homes by as much as 25.1% lower, while it was even 28.8% in 2008. In 2011 and 2012 the house sales fell significantly by 11% and 18% and decreased the sales of homes, although still in 2013 but by only 1.9%.

Most of the homes sold in 2014 were used. Of the 319 389 homes sold, there were 119 446 used homes, an increase of 18.4% over 2013. The number of new homes sold, however, declined significantly by 16.9% to 119 446 homes.

The biggest winners in the battle for homes sold were the region of Comunidad Valenciana (including the Costa Blanca), Andalusia, Catalonia and the Balearic Islands

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