The purchase of homes deepens its fall to 5,5% and accumulates two months in a row of descent.

The purchase of homes deepened its fall in June after descending 5,5% in reference to the same month in 2012, reaching a total of 23.966 operation, as informed this Monday by the National Institute of Statistics (NIS). The purchase of homes accumulates two consecutive months of descent, after returning in May to negative figures, with a descent of 3,7%. The descent in May took place after an increase of nearly 11% in April, after a very negative month of March, where these operations decreased more than 12%. Looking only at monthly figures (June compared to May), the purchase of homes dropped by 8,6%, 1,8 points less than in the previous year and the lowest in the last five years. The annual descent in June is due to the relapse in the purchase of new homes, as the transactions of second hand homes increased in 1,8% reaching 13.665.

Meanwhile, the purchase of new homes dropped by 13,7% down to 10.301 operations. Most of the transferred homes during the sixth month of the year, 89,5% were free properties. The purchase of this type of properties dropped by 3,3% down to 21443 operations, while the operations on subsidized properties reached 2523, with a descent of 20,7% in reference to June 2012.