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Housing sales in Catalonia grew by 8% in June, accumulating 9 consecutive months of growth

Real estate continues its positive trend and is gradually leaving behind the crisis the sector went through between 2008 and 2014. Housing sales have grown in Catalonia for the 9th consecutive month in annual terms. This week, the Spanish Statistics Institute (INE) released the sales figures for the month of June 2015 and they show an 8.15% growth in Catalonia compared to June last year. It is the best figure for the month of June since 2010. Previously-owned properties are leading the market by a clear margin, with only 15% of sales being new builds. In Spain as a whole, housing sales have already seen 10 consecutive months of growth. In June, they increased by 17% on last year’s figures, with 78.3% of the properties sold having been previously owned.

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06 August 2015 09:40 PM

by

ACN

Barcelona (ACN).- Real estate continues its positive trend and is gradually leaving behind the crisis the sector went through between 2008 and 2014. Housing sales have grown in Catalonia for the 9th consecutive month in annual terms. This week, the Spanish Statistics Institute (INE) released the sales figures for the month of June 2015 and they show an 8.15% growth in Catalonia compared to June last year. It is the best figure for the month of June since 2010. Previously-owned properties are leading the market by a clear margin, with only 15% sales being new builds. In Spain as a whole, housing sales have already seen 10 consecutive months of growth. In June, they increased by 17% on last year’s figures, with 78.3% of the properties sold having been previously-owned.


Catalonia has now accumulated 9 consecutive months of growth in housing sales. Since October 2014, sales have increased by 27.63%. Spain overall has experienced one month more of unbroken growth, however, the number of transactions over the entire period increased at a much lower rate than in Catalonia. Since September 2014, sales have grown by 13.7% across Spain as a whole.

In Barcelona, sales increased significantly

Housing sales increased throughout Catalonia with the exception of Tarragona Province (southern Catalonia), where the number of sales fell by 1.6% compared to June 2014. In the Province of Barcelona (where more than two-thirds of Catalans live), sales increased by 11.36% in June compared to the same month last year. In the Province of Girona (where the Costa Brava is located), housing sales grew by 4.39% in June. Finally, in Lleida Province (western Catalonia), they increased by 3.37%.

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