house buying and selling registered last November 15.1% decrease Total compared to the same month of 2022 46,888 operationsThis is the lowest figure for the month since 2020 in the context of high interest rates, as reported this Friday by the National Institute of Statistics (INE).
With this decrease on an annual basis, with a four-point increase (-11.1%) recorded in October, home buying and selling chain of negative interannual interest rates for ten months.
The annual decline in home sales in November was driven by both a decline in transactions second hand flatsIn addition to the decline in sales new houses.
Especially, Second-hand home sales fell by 16 percent A total of 38,015 operations took place in the penultimate month of last year. New apartment transactions decreased by 11.1 percent up to 8,873 operations on an annual basis.
While 93.1 percent of the houses transferred through sales in November 2023 consisted of free houses, 6.9 percent were under protection. In total, free home buying and selling fell 14.4% year on year to 43,654 transactions, while subsidized home buying and selling fell 23.5% to a total of 3,234 transactions.
At an intermonthly rate (November 2023 to October of the same year), home sales increased by 2.1%, while in the first eleven months of 2023 they decreased by 9.3%; In 2023, there was a 4.3% decrease. and 10.4% for new homes and used homes.