Property for Sale Playa de Los Locos Coloso

Property for Sale Playa de Los Locos Coloso

The operations for buying and sale property in Spain in 2017 have its best semester since 2008

Up to half of the year, there were 235,672 operations, 13.15% more than in the first six months of 2016.

The purchase and sale of housing starts to leave behind the hardest years of the crisis and registers to June its best semester since 2008. In the first six months 235,672 operations were recorded, according to the INE.

A much higher figure than in the second half of 2013 (140,747 transactions), which represents a growth of 13.15% over the same period of 2016. Despite this, the sector is still far from the level before The crisis, when they sold more than 400,000 houses per semester.

The recovery of the real estate sector started just after 2013, when it touched down with only 312,593 operations throughout the year. Despite the growth, analysts agree that for the moment there is no trace of a new overheating in the brick. In percentage goes up a lot, but because it comes from very low levels. These figures can be assumed by the market.

The sale of resale housing, the key.

The recovery of the sector is mainly due to three reasons: there is accumulated demand accumulated during the crisis years; It comes from very low sales figures; And there is an economic improvement that can be seen at street level.

During the crisis years, sales of new and used housing were at similar levels. In 2009, even more new houses (109,706) were sold than used (94,605). However, this trend has changed in the past. Now, second-hand operations are what drive the sector. These transactions quadrupled in the first half of the year new home sales.