This sale household Recording a 6.6% decrease in February compared to the same month of the previous year, Up to a total of 50,186 operations in the context of higher interest rates to contain inflation, as reported by the National Institute of Statistics (INE) this Thursday.
With this annual decline, Home sales returned to negative rates after recording more than 56,300 transactions in January. 6.6% more than the same month of 2022.
Decline in home sales in February This was due to the decline in both second-hand apartment operations and new home operations.
Special, Second-hand house sales fell by 5.5% in the second month of the year, a total of 40,479 units, and the transactions carried out in new flats decreased by 11.1% to 9,707 units.
In February, 92.2 percent of the houses transferred through sale were free of charge and 7.8 percent were taken under protection. In total, private home sales fell 6.5% year-on-year to 46,255 transactions, while subsidized home sales fell 7.9% to a total of 3,931 transactions.
On a monthly basis (February to January), lhome sales fell 11 percent biggest drop in February in five years.
According to INE, Two out of every three house sales in February (66.9%) were made by individuals. In February, a total of 33,590 such operations were performed among people, which was 6.3% less than in the same month of 2022. In the first two months of the year, home sales fell 0.1% after new home operations fell 2% and used homes rose 0.4%.
Andalusia at the beginning of the sale
last february, The highest home sales per 100,000 inhabitants were in the Community of Valencia (202), Murcia (165) and La Rioja (152).
in absolute values, Andalusia became the region with the most housing operations in the second month of the year.With 9,795 sales, it was followed by the Community of Valencia (8,241), Catalonia (7,857) and Madrid (6,388).
Fifteen communities sold fewer homes in February 2023 than in the same month in 2022. The most significant decreases occurred in La Rioja (-23.6%), Cantabria (-17.9%), Extremadura (-16%) and Madrid (-15.6%), with the most modest decreases in Murcia (-1%) ) and Catalonia (-1.2%).
Buying and selling of homes rose at the inter-year rate in February alone. Regions of Asturias (+19.9%) and Comunidad Valenciana (+2.9%).
The total number of farms transferred decreased by 8.8
The number of farms transferred from the public title deeds to the land registers decreased by 8.8% in last February compared to the same month of the previous year and reached 182,869.
For sale 8.7% fewer farms handed over than a year ago, while donations decreased by 25.3% annually; inherited transactions increased by 0.4% and barter transactions decreased by 12.8%.
Urban residences accounted for 86.9% of sales in February. 13.1% where homes are included and rustic farms. Compared to February 2022, urban property sales fell 8.6% year-on-year, and rustic property sales fell 9.9% to 86,126 and 12,928 operations, respectively.