Home sales plummet during pandemic

Nearly half as many properties sold in May compared to same time last year in lowest figure since 2014

A woman touring an apartment for sale in Reus during the pandemic (by Roger Segura)
A woman touring an apartment for sale in Reus during the pandemic (by Roger Segura) / ACN

ACN | Barcelona

July 13, 2020 12:34 PM

Like much of the rest of the economy during the pandemic, home sales in Catalonia have also suffered a severe contraction: 47.9% fewer properties were sold in May compared to the same time last year according to Spain's National Statistics Institute. 

4,047 homes were sold in May, making it the lowest sales figure seen since December 2014 when 3,729 properties were sold.

Catalonia's numbers are only slightly better than Spain's as a whole, where sales dropped by 53.7% over the same period.