Thursday, September 24, 2020
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House Sales Fall by a Third in July, Bucking the Recovery Seen in June

House sales decreased by almost 33% in July compared to the same month in 2019, to just over 31,000 operations, according to data from the College of Registrars.

Total sales, which encompass all types of real estate assets, have declined from more than 90,000 in July 2019 to close to 68,000 in the same month this year. That decrease, of almost 23,000 operations, represents a 25.1% reduction in interannual terms, according to the Real Estate Registry Statistics released on Monday by the College of Registrars.

On the other hand, there were 31,000 house sales in July, almost 15,000 fewer operations than in the same month last year, which is equivalent to a decrease of 32.9%.

Read the full article in Spanish.

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