The sale of homes grew by 11.5% in the second quarter, according to Fomento

Published on October 4th 2018

The purchase of housing grew 11.5% between the months of April and June after reaching a total of 160,287 transactions, which is the second best quarter since 2007

The purchase of housing grew 11.5% between the months of April and June after reaching a total of 160,287 transactions, which is the second best quarter since 2007, when 227,562 units were sold, according to statistics on real estate transactions of the Ministry of Development.

Housing transactions grew in all the autonomous communities between the past months of April and June, except in the Balearic and Canary Islands, where they registered a decrease of 2%.

In addition, as regards the protection regime, free housing transactions amounted to 153,569 in this period, which represents 95.8% of the total. On the other hand, the transactions of protected housing happened to represent 4.2% of the total, after adding 6,718 units.

Foreigners represent 15.9%

Taking into account the nationality of the buyer, the statistics of the Ministry indicates that the transactions made by foreigners residing in Spain have experienced a year-on-year growth for the twenty-eighth consecutive quarter.

Specifically, in the second quarter they grew by 6.3% compared to the same period of 2017, with a total of 24,496 purchases and sales.

Source: elEconomista.es

We use our own and third-party cookies to make our website work safely and personalize its content. Likewise, we use cookies to measure and obtain data on your navigation and to adjust advertising to your tastes and preferences. Press the "Accept all" button to confirm that you have read and accepted the information presented. To manage or disable these cookies, click on "Configuration". For more information see our cookies policy.
Modify cookies
Technical and functional Always active
This website uses its own Cookies to collect information in order to improve our services. If you continue browsing, you accept their installation. The user has the possibility of configuring his browser, being able, if he so wishes, to prevent them from being installed on his hard drive, although he must bear in mind that such action may cause difficulties in navigating the website.
Analytics and personalization
They allow the monitoring and analysis of the behavior of the users of this website. The information collected through this type of cookies is used to measure the activity of the web for the elaboration of user navigation profiles in order to introduce improvements based on the analysis of the usage data made by the users of the service. They allow us to save the user's preference information to improve the quality of our services and to offer a better experience through recommended products.
Marketing and advertising
These cookies are used to store information about the preferences and personal choices of the user through the continuous observation of their browsing habits. Thanks to them, we can know the browsing habits on the website and display advertising related to the user's browsing profile.