Seventh consecutive month of rising property sales, reveals INE
Friday, January 12, 2018 @ 8:02 PM
HOUSING market figures for the end of November showed an 18.1% rise in sales for that month based upon the same 30 days in 2016, according to the National Institute of Statistics (INE).
Year-end sales results are not yet compiled by the INE, but as at the beginning of November, property purchases had been rising consistently in number for seven months.
After a buoyant October, with an increase of 25.7% in home purchases, the following month saw housing market growth slowing down slightly, ending with a total of 40,579 residential properties changing hands.
According to the INE, home sales in Catalunya rose in November by 15.6%, showing that the political crisis caused by the disputed independence referendum the previous month had not affected buyers' decisions to invest in the region.
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