Saturday, December 5

The sale of houses moderates its annual fall in September to 1.1%

91.3% of the transmitted homes were free.

91.3% of the transmitted homes were free.

The cHome purchases fell 1.1% last September in relation to the same month of 2019, to add 37,839 operations, its highest figure since February, before the Covid pandemic was declared, as reported this Thursday by the National Institute of Statistics (INE).

With the interannual decline in September, which is 11 points more moderate than that of August, the sale of homes has seen negative interannual rates for seven consecutive months.

The year-on-year decrease in home sales in September was a consequence of the decline in operations on used homes by 7.4%, to 29,451 transactions, since those made on new homes soared by 29.2%, to 8,388 operations, registering its largest increase since November 2017 and the highest figure in a month of September in six years.

91.3% of the homes transmitted by sale in the ninth month of the year were free homes and 8.7%, protected.

The sale of free homes fell by 0.6% year-on-year in September, to 34,536 operations, while that of protected homes fell by 6.4%, adding a total of 3,303 operations.

In monthly terms (September over August), the sale of homes shot up 20.5%, its biggest rise in a September in the last five years.

Between January and September of this year, the sale of homes accumulates a decline of 22.1%, with falls of 23.6% for operations on used homes and 15.4% for new homes.

Andalusia, in the lead

Last September, the highest number of house sales per 100,000 inhabitants occurred in Murcia (136), Valencian Community (134) and La Rioja (123).

In absolute values, Andalusia was the region that carried out the most transactions on housing during the ninth month of the year, with 7,760 purchases, followed by Madrid (5,498), Catalonia (5,350) and the Valencian Community (5,323).

Ten communities presented positive annual rates in the number of home sales in September, while seven reduced their operations.

The greatest decreases occurred in the Basque Country (-23.8%), the Balearic Islands (-15.1%) and Navarra (-15%), while the largest increases in the sale of homes corresponded to Extremadura (+53.3 %), Asturias (+ 46.9%) and La Rioja (+ 38.6%).

Taxes transferred up 5.6%

The estates transmitted in property registers, from public deeds carried out previously, reached 152,399 in September, 5.6% more than in the same month of 2019 and its highest figure since last February.

By sale 5.4% more farms were transmitted than a year ago, while those transmitted by donation increased 25.1% annually; those transferred by inheritance rose 10.3%, and swap operations increased 27.3%.

83.7% of the sales in September corresponded to urban properties, which include homes, and 16.3% to rustic properties. Sales of urban properties increased by 1.6% annually, while those of rustic properties shot up 30% in relation to September 2019.

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