Home sales record their best July in 15 years, with homes value up 6.1%

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Waiting to know the effect of the latest situation interest increases and uncertainty While hovering over the economy, the data that became known, real estate market lives in Alicante exceptional year As if he hadn’t remembered for a long time. Special, for 15 years.

According to the latest statistics released by INE this Wednesday, over the past month July they were sold in the state 4,199 houseswhat it means 34% increase figures for the same period of last year and the highest trading volume since 2007 this month. accumulated by the year inside 28,649, 48% more The biggest from 2021 and also in eleven and a half years.

Despite the spread of good real estate moment throughout the country, the increase in transactions in the province, above averageencouraged by its heavy weight residence tourismly, first of all, for foreign demand. In this way, the increase in home sales in Alicante tripled what was registered in the country as a whole, while 383,000 operations were registered in the first seven months of the year, representing a growth of 15% compared to 48. % from province.

As in recent years, second hand grab up to 87% 13% of the entire market compared to the sale of newly built homes, the supply of which is concentrated in the higher priced segments and mainly in tourist areas.

Two recently built buildings in Benidorm. Axel Alvarez

Naturally, this increase in demand was strongly transferred to foreign trade. price real estate. Thus, according to statistics home appraisal value The square meter, announced by the Ministry of Transport, Mobility and Urban Agenda, finished the first semester on average. €1,400.9 in the province, 6.1% more more than on the same dates last year. And this is despite, in reality, a slight contraction of 0.7% in this indicator in the second quarter.

It should be borne in mind that it reflects the data of the Ministry. Valuations made by appraisers, Compared to the figures presented by the studies of real estate portals, which show higher increases of 8% to 9%, as they are based on the prices of sellers who always have higher expectations.

Value of houses in Turkey by segment new construction -He rose 8% to 1,818 euros per meter-, than flats and houses second handwhose value has increased 6% until last year €1.389 In meters, according to the same sources.

A difference that promoters attribute to the following cost increase As Provia’s general secretary recalls, the industry has suffered since the end of confinement when shipping problems and shortages of supply triggered the price of many materials. Jesualdo RossThis shows that this upward trend will continue in the coming months.

Therefore, regarding entirely new developments, Ros believes that to start the year well is fulfilled at this point with sales targets for all exercise. Of course, uncertainty about economic evolution is making companies consider whether to start commercializing new projects. discount offer for next fiscal yearAccording to Provia’s general secretary, this will further increase prices in this segment of the market.

attribution second handsome professionals have already begun to detect slow down a little In the number of consultations, however, the reality is that uncertainty prevails. On the one hand, the rise in mortgage prices and the bad economic outlook point to a decline in operations in the coming months, while on the other hand, precisely the forecast of new rate hikes is encouraging some buyers to take their decisions forward. purchase that can act as a counterweight.

According to the figures of the municipalities, at the end of the first semester Xabia More than 25,000 inhabitants of the province with the most expensive square meter with 2,276 euros; followed by Benidormwith 2129; calpewith 1.951; El Campellowith 1,849; Y Denia, with 1,767. in the case of your city Alicante, the house is listed as appraised at 1,348 euros, new construction at 2,138 and second-hand at 1,329 euros. Inside elche An average of 1.006 Euros is paid, with 1,551 newly built flats and 996 second-hand flats.

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