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House Sales Register Six Consecutive Months of Decreases to Fall by 12% in August, According to INE

House sales fell to 31,394 operations in August, down by 12.1% in interannual terms and by 3.9% compared to the previous month.

In August, house sales maintained the recovery they started in July. Specifically, in the eighth month of the year, a total of 31,394 operations were recorded in the property registers, down by 12.1% compared to August 2019 and a decrease of 3.9% compared to the previous month, according to the statistics published on Friday by the National Institute of Statistics (INE).

That represents the second-highest monthly figure since the Covid-19 pandemic was declared, after July when 32,654 homes were transacted.

Read the full article in Spanish.

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