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Property Sales Up by Record 11.4% In May

Andalusia, Catalonia and the Valencian Community were the regions that reported the highest number of property sales in May.

Home sales submitted to Spain’s property registers totalled 47,033 in May. Sales were up 11.4% m-o-m, and by 22.4 points compared to May 2020 (-11%), according to data from the National Statistics Institute (INE).

91.2% of the homes sold in May 2021 were non-subsidised (42,902 units, +11.1% m-o-m) and 8.8% were protected (4,131 units, +15.4%). Likewise, 19.6% of the dwellings were new (9,199 units, +8%) and 80.4% were existing homes (37,834 units, +12.3%).

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