In February 2018, sales started well, with more than 40,000 transactions each month.

Since February last year, Spanish real estate sales grew 16.2 percent annually

According to the National Institute of Statistics (Instituto Nacional de Estadística or INE, the number of property transactions increased by 16,2 percent year-on-year to 41,480 in February. This is the best figure since 2011 for one month of February and the fourth best figure since the economic recovery began. These figures strengthen the figures of January, which recorded the highest sales since 2008. مواضيع نقاش

In February, property purchases and sales in recent years had some of their best figures. With 41,480 transactions they grew by 16,2% year-on-year, according to the INE, they confirm the good start to 2018. Although January has seen the best figures for the past 10 years, with a turnover of over 47,000, February is still above the 40,000 mark and despite a 12.3% monthly drop, it is still the best month since February 2011. In 24 of the last 25 months, the number of sales has increased.

By type of housing, 81.9% of sales were secondary properties. The 33,963 used homes purchased or sold in February are the fourth best record since 2008. In 47 of the last 48 months, their numbers have increased.

In the meantime, sales of new buildings also grew. They increased 16.4 percent year-on-year to 10 consecutive months.

The largest yearly increases among communities in each region were Cantabria (42.1%), the Canary Islands (31%) and Castile-La Mancha (27.5 percent ). The lower rates in February were recorded by Extremadura (-2.9 percent), Navarre (4.1 percent) and Castile and León (4.7 percent).

For Fernando Encinar, Head of Idealistic Research, "The inter-monthly decrease should not alarm because February is at a time when the number of recorded transactions is less seasonally. Yet both interannual data and data from the last 12 months demonstrate sustained growth of more than 16%, which underlines the market's good health and offers optimistic prospects for the comin "months." months.