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House Sales Fell by 15% in January, According to the Registrars

In total, 37,416 homes were sold in January 2021 compared to 44,251 in the same month a year earlier.

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According to the Association of Property, Mercantile and Real Estate Registrars of Spain, house sales fell by 15.4% in January. Specifically, the number of homes sold fell from 44,251 in the first month of 2020 to 37,416 in January this year.

Meanwhile, the signing of new mortgages also suffered a sharp decline. In January 2021, 35,224 mortgages were signed compared to 53,419 in January last year, which represents a decrease of 34.1%. In the case of mortgages taken out to buy a home, the drop amounted to 30.4% to reach 26,002 operations in January 2021.

Read the full article in Spanish.

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