Trading

Increased housing sales

Increased housing sales

In the second quarter (June) of this 2016 home sales has increased significantly with 19, 4% over the same quarter last year 2015. There have been more than 36,856 operations and stringing five consecutive months of increases interannual.

However, the increase in purchases during the month of June was lower than in May, in which the figure soared reaching 23.6%.

"The industry continues to improve its numbers steadily. Although in the last month the number of sales has barely budged, the data show annual increases of nearly 20%. Anyway, although the data are very positive also show that 45% of the operations are closed in 5 provinces (Madrid, Barcelona, ​​Alicante, Malaga and Valencia), which causes that while some provinces grow at rates of two digits, others still remain downtrends, "said Fernando Encinar, head of research idealist.

The market for second-hand and new homes have been responsible for this increase in home sales during the month of June. Specifically, transactions on used homes increased 24% year on year, to a total of 30,270 operations, while sales of new homes rose by 2% year on year, to 6,586 transactions.

90.6% of households borne sale in the sixth month of the year were free housing and 9.4% protecteds. The free housing sales rose 20.6% in June year on year, adding up to 33.390 transactions, while public housing operations advanced 9.2%, with 3,466 transactions.

In the first six months of 2016, housing sales accumulates an increase of 16.4% over the same period of 2015, thanks to advances in 22.2% of operations on existing homes, as those made on new homes Flinching 2.5%. In monthly terms (June to May), home sales rose 1.2%.

During the second quarter of 2016, Andalusia was the region with more operations performed on purchases (7,496), followed by Catalonia (6000), Madrid (5441) and Valencia (5,012). On the other side of the coin they are: La Rioja (194), Navarra (356) and Cantabria (441).

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