Property sales soar in July for third consecutive month
Monday, September 11, 2017 @ 6:52 PM
HOME sales and purchases leapt 16.8% in July compared with the same month in 2016, with a total of 38,841 properties shifting hands,
Overall, residential property sales rose by 13.7% in the first seven months of the year, reveals the National Institute of Statistics (INE), with figures for the three months of May, June and July inclusive having seen sustained growth after a lull in April due to what is known in the industry as the 'Easter effect'.
Of those properties bought in July, the vast majority – 82.5% - were second-hand, totalling 32,049, as opposed to new builds.
Read more at thinkSPAIN.com