Spanish property purchases were up by almost 19% in February

Spanish property purchases were up by almost 19% in February

Spanish property purchases were up by almost 19% in February compared with the same month last year, with 41,033 sale & purchase operations being recorded, consolidating the 2.1% increase recorded in Januar
The latest figures, released today by the National Institute of Statistics (INE) show the biggest increase so far during the recession, with no increases at all having been recorded since 2008 until the beginning of this year.

The 18.7% increase was made possible by the 23.7% rise in used home sales (19,665 operations), and the 14.4% increase in new construction transactions (21,368). Story by “Eye on Spain”.