House Sales Fell by 3% in 2019 to 567,000

12 February 2020 – Consejo General del Notariado

House sales amounted to 53,947 in December, which represented a YoY decrease of 1.2%. The average price of the homes sold was €1,469 per square metre, which represented an increase of 0.8%, according to data from the Notaries’ Centre for Statistical Information.

Meanwhile, mortgages granted to acquire a home increased by 11.2% YoY in December, to reach 26,953 new loans in total. However, the average mortgage amount experienced a 3.3% drop in YoY terms to €139,921.

Original Story: Consejo General del Notariado

Translation/Summary: Carmel Drake