Spanish launches itself for housing in March: Sales up 25.6%

Home sales last March increased by 25.6% compared to the same month of 2021, when added 59,272 OperationsIts highest figure since January 2008 and its best data for the month of March since 2007, when it surpassed 74,000 sales, as reported by the National Institute of Statistics (INE) this Friday.

With inter-annual advances in March, which increased by more than a single digit compared to the growth experienced in February, home sales chained 13 consecutive months of positive rates.

The year-on-year increase in home sales in March was a result of increased transactions in both New Housewho grew 15,7%up to 11,510 operations, as well as an increase in sales Floors used by 28.3%Up to 47,762 transactions.

Of the homes transferred by sale in the third month of the year, 92.1% were free homes and 7.9% were protected.

Sales of free homes in March rose 26.5% year-on-year to 54,614 operations, while protected home sales increased 15.6%, for a total of 4,658 operations.

In monthly terms (March to February), home sales increased by 10.5%, the highest increase in a month of March in the last five years.

Home sales increased by 26.7 percent in the first three months of the year, 30.3% in the case of older homes and 13.9% in new homes.