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House Sales Fell by 3% in 2019 to 567,000

Obras de viviendas de Aedas Homes en San Sebastián de los Reyes Madrid

House sales amounted to 53,947 in December, which represented a YoY decrease of 1.2%. The average price of the homes sold was €1,469 per square metre, which represented an increase of 0.8%, according to data from the Notaries’ Centre for Statistical Information.

Meanwhile, mortgages granted to acquire a home increased by 11.2% YoY in December, to reach 26,953 new loans in total. However, the average mortgage amount experienced a 3.3% drop in YoY terms to €139,921.

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