New housing will recover in 2017 part of the lost lead role

New housing will recover in 2017 part of the lost lead role

She recalls that "there is almost unanimity in the sector that the year will end with more than 500,000 trading operations, a fact that would confirm the consolidation of the real estate market” but "however, is still far from the levels of activity of the boom years, when they closed the month with  108,000 operations, compared to the 40,000 that are carried out on average currently".

INE's real estate transactions data regarding the month of August reflect a yoy increase in home purchases of 16%.

This higher demand is moving to prices which, according to the latest data from the Real Estate Index fotocasa, grow at a rate of 4.8% in comparison to last year. This is the largest increase recorded by the history of fotocasa since May 2007, when prices increased 5.4%.

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