In the year 2017 the real estate transactions of houses before a notary increased a 16,3% Over the previous year. These amounted to a total of 532.367. Assuming this the highest annual data since the year 2008.

The highest increases were located in the autonomous communities of : Castile La Mancha (27%), Cantabria (26 %), Navarra (22,2%), Asturias (21,3%), Aragon (19,8%) and Madrid (19,6%).

In the year 2017 real estate transactions of houses made before a notary amounted to a total of 532.367, which supposes an increase of 16,3% versus 2016 and the highest annual data since 2008. Since the year 2013, when the fewest transactions were accounted for, home sales have been recovered a 77%, according to data released by the Ministry of Public Works on Thursday.

All the autonomous communities registered increases with respect to 2016. Among the biggest increases are Castilla la Mancha (27%), Cantabria (26%), Navarra (22,2%), Asturias (21,3%), Aragon (19,8%) and Madrid (19,6%). The smallest advances were presented, meanwhile, in Ceuta and Melilla (0,8%), Catalonia (3,3%), Baleares (6,2%) and the Basque Country (7,1%). Regarding the provincial capitals and municipalities of more than 100.000 population, among the largest growths in the 2017 Albacete highlighted (43,7%), Speaks (40%), Barakaldo (38,3%), Badalona (37%), Pamplona (34,2%), Santa Cruz of Tenerife (33,7%), Toledo (33%), Oviedo (31,2%) and Alcorcón (31,1%).

The results of the statistic on real estate transactions of houses made before a notary show that in the fourth quarter sold in Spain 144.688 households, what represents a rise of 14,3% compared to the same period of 2016. To find a fourth quarter with more transactions you have to go back to the year 2010 (150.494), which, However, was affected by the upward bias that led to the end of the tax relief for home purchases.

Second hand

Regarding the typology, 14.769 transactions corresponded to new housing, what represented a 10,2% of the total. For his part, second-hand housing, with 129.919 operations, supposed the 89,8%. This data represents the best quarter for second-hand housing since the quarter of the 2006.

It should be noted that the year 2017, with 50.398 operations, It meant the end of the continuous falls in the purchases of new housing that were registered since the year 2007 (412.439 new homes sold). This data exceeds those obtained in 2015 and 2016.

[Source:the newspaper]