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Spanish property transactions remain strong in September 2017

02 Dec
2017
The Spanish property building is red.
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Automatic translation from Google translate:

Spanish property transactions remain strong in September 2017:

  • +8.6% Year-on-year growth for the month of September
  • Prices rose by 2.4%

The Statistic office of the Spanish notaries has just released the numbers for the month of September, here is our quick snapshot of the main information:

  • +8.6% transactions growth to 40.094
  • +10% transactions of existing apartments
  • -1.9% transactions of newbuild apartments
  • €1.331 per square meter, on average, with an increase of +2.4%
  • €1.493 per square meter for apartments, with an increase of +4%
  • Prices rose by 3.8% for apartments
  • +8.2% more mortgages issued to 16.500
  • Average mortgage size of €130.300 for housing

Those numbers remain very strong and it looks like the events in Catalonia are barely impacting the general trend!

 

More information in Spanish here

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Stéphane

Senior Analyst and Strategist at HTBIS

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