INE: House Sales Fell by 9.3% YoY in November
20 January 2020 – Eje Prime
20 January 2020 – Eje Prime
According to data compiled by Spain’s National Institute of Statistics (INE), house sales fell by 9.3% YoY in November to 38,680 operations, whereby recording four consecutive months of YoY decreases.
The decline in November was driven by second-hand homes, whose sales fell by 10.5% YoY to 31,008. Meanwhile, sales of new-build homes also decreased, by 3.6%, to 7,672.
By autonomous region, Andalucía recorded the most sales in November (8,391), followed by Valencia (5,996), Cataluña (5,885) and Madrid (5,021).
Original story: Eje Prime
Translation/Summary: Carmel Drake
Original Story: Eje Prime
Translation/Summary: Carmel Drake