Home English Housing Sales...

Housing Sales Fell by 4.3% in February but Reach the Highest Figure in a Year

According to the INE, despite the decline in housing sales to 43,185, the figure represents the highest monthly since February 2020, before the pandemic.

The sale and purchase of homes fell by 4.3% last February compared to the same month in 2020, to 43,185 transactions. In monthly terms (February over January), house sales and purchases rose by 8.6%, the highest rise in the month of February in at least five years.

Despite this decline, the total number of housing sales reached its highest point since February 2020, the month before the coronavirus outbreak. The data stems from Portugal’s National Statistics Institute (INE).

Home sales have been falling for two consecutive months, including the year-on-year decline in February. However, the decline this month was much more moderate than that of January, when transactions fell by 15.4%.

Read the full article in Spanish



The Largest Players in Housing Sales and Rentals in Madrid

The big data platform Brainsre has conducted a study to determine the leading real estate brokerage firms that dominate the supply of housing for sale and rent in Madrid and its neighbourhoods.

The Leaders of Spain’s Rental Housing Market

Engel & Volkers, aProperties and Spotahome lead Spain’s rental housing market by volume, according to Brainsre data.

Increased Demand for Houses in Madrid Leaves Supply at Six-Year Low

The demand for houses in Madrid following the coronavirus pandemic reduced supply by 28% in 2020, with interest concentrated on the city’s periphery. However, Moncloa-Aravaca still has the most detached properties for sale in the capital, according to Brainsre.

Latest news

How Merlin, Intu, Unibail and Redevco See the Future of Shopping Centres

Changes in use, rents, co-existence with online sales and a very different relationship with their tenants. Large retailers are evaluating the impact of the crisis on their businesses, albeit with optimism.

INE: Housing Sales Up by More Than 30% in March

 According to a report published Friday by Spain’s National Statistics Institute, the figure has returned to its highest point since July 2019.

Bankinter Finalises Acquisition of Montepino’s Logistics Portfolio

With the transaction, Bankinter has created the largest logistics real estate socimi in Spain, with a portfolio of 865,000 square metres and €1.2 billion in projects under development.