Data published earlier this week reveals that Spanish home sales increased by 16 per cent in August this year compared with the same month last year.
The latest official statistics show that a total of 41,282 homes were bought and sold in Spain over the month, with all 17 Spanish regions recording an increase in sales figures from 12 months earlier. It is the seventh month out of eight that year-on-year sales have exceeded the previous year’s total.
During the first eight months of 2017, 315,795 completed property transactions have taken place in the country – 14 per cent more than at the same point in 2016.
The Castilla-La Mancha region in central Spain saw the biggest increase in house sales in August from a year earlier, with completed transactions rising by almost 38 per cent. Valencia (32 per cent) and Galicia in northwest Spain (23 per cent) also saw notable increases.
The northern region of Navarra recorded the smallest increase, with property sales there increasing by just 1.9 per cent.
Article published 13th October 2017