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In Spain, the restoration of the real estate market continues

16.07.18
In May 2018, the growth of the residential property market in Spain was 7.7%. For comparison, the indicator for the same period of 2017 is taken. Such information was provided by the Association of Notaries of Spain.
In total, 51,896 real estate transactions were registered in the reporting period. The volumes of resale of apartments increased by 6.7%, while sales of new ones fell by 12.7%. As for houses for 1 family, they are sold at 16.3% more.
At the moment, the Spanish real estate market has been growing for the fifth consecutive year. At the same time, before reaching peak performance is still very far. Nevertheless, the observed trend indicates a recovery in Spain's economy.
The average cost per square meter of housing in the country increased by 0.6%, amounting to € 1372.

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