Pending home sales decrease for second trimester in a row
80% of Catalan municipalities registered decreases or stock stagnation during the 1st trimester of the year. For the 2nd trimester of the year, Catalonia registered decreases in real estate stock for the first time since 2006.
Barcelona (ACN).- Catalonia registered a historic 143,000 housing units for sale in the 1st trimester of the year. For the 2nd trimester, real estate stock decreased for the first time since 2006, with a total of 2,000 units. This is according to Josep Oliver, applied economics professor at the Universitat Autònoma de Barcelona and director of the Spanish Residential Real Estate Report. Barcelona, Lleida and Tarragona saw a decrease in real estate stock while Girona experienced an increase. In the whole of Spain, a total of 938,000 housing units are stagnant on the market, slightly reducing the ratio of all available housing from 3.80 to 3.79%.