[:en]The sale of second-hand homes has allowed the real estate market to close 2014 in positive territory, which had not happened since 2010, according to statistics published by the National Institute of Statistics. The purchase and sale of real estate has increased by 2.21% compared to 2013, with a total of 319,386 homes sold throughout Spain.
This timid recovery is explained by, on the one hand, the improvement in credit and, on the other, by foreign investment, and also by the sustained correction in prices. In fact, flats are currently worth 40% less than before the crisis broke out in 2007, although the price of housing varies greatly depending on the Autonomous Community or region.
Regarding the evolution of the sales market during 2014, it is worth highlighting that the recovery is linked to the increase in sales of second-hand homes, which have increased by 18.41%, while the sale of new-build properties has plummeted, falling by 16.91% in Catalonia. In fact, of the 47,113 homes sold in Catalonia, 34,886 were second-hand.
The data reflect that the market is gradually picking up again and that, timidly, the first positive data are beginning to be observed in sales and mortgage granting, but experts are cautious and prefer to talk about a stabilization of the market, rather than a recovery, since although sales operations are increasing and property prices are stabilizing, credit is still very limited and the situation on the labor market remains complicated.
Data from the Spanish National Statistics Institute: http://www.ine.es/daco/daco42/etdp/etdp1214.pdf[:ca]Segona's housing market has more than allowed the real estate market to show positive results in 2014, something that has not happened since 2010, according to the statistics published by theNational Institute of Statistics. The purchase and sale of real estate has increased by 2.2% compared to 2013, with a total of 319,386 housing units sold throughout the Spanish state.
This timid recovery is explained thanks to, for one thing, the increase in credit and, of course, to foreign investment, and also thanks to the constant correction in the budget. In fact, currently the apartments are worth 40%, although the crisis has just disappeared in 2007, since the price of the habitats varies greatly depending on the autonomous community or the region.
Regarding the evolution of the purchase-sale market during 2014, it is worth noting that the recovery is linked to the increase in sales of second-hand housing, which have increased by 18.4%, while the sale of real estate The new work has fallen into a pitfall, regressing a 16.9%. From fet to Catalonia, of the 47,113 habitats that are coming, 34,886 will be from next year.
The data reflect that the market, little by little, is becoming reactivated and that, timidly, they are beginning to observe the first positive data in buying and selling and granting of mortgages, but the experts are prudent and prefer to talk about a stabilization of the market, abans that there is a recovery, since all the purchase-sale operations increase and the prices of the apartments stabilize, but in this case, the credit faces is very limited and the situation of the labor market continues to feel complicated.
Details of the Spanish National Statistics Institute: http://www.ine.es/daco/daco42/etdp/etdp1214.pdf[:]