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House Sales Rose by 0.6% at the End of 2019, after 2 Quarters of Decreases

20 April 2020 – Brainsre.news

The growth in prices per square metre slowed down nationwide and decreased in five regions, in particular, in Castilla-La Mancha (-10.4%). The highest increases were registered in La Rioja (22.8%), the Balearic Islands (11.4%) and Extremadura (10.6%).

The sale and purchase of homes recorded a nationwide increase of 0.6% year-on-year in the last quarter of 2019, reversing the trend seen in the previous two quarters, according to statistics published on Monday by the General College of Notaries.

By region, the Canary Islands experienced the greatest increase: there, sales rose by 13.4% in the last quarter of 2019. Five other autonomous regions registered increases of between 5% and 10%, whilst four regions saw more moderate increases, ranging between 0.5% and 3.4%, according to data published on Monday by the Notaries’ Statistical Information Centre.

Original Story: Brainsre.news

Translation/Summary: Carmel Drake