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WHAT WILL THE HOUSING LANDSCAPE LOOK LIKE IN 2023?

Low interest rates during the first half of the year and subsequent rises in the second half of the year boosted sales and purchases in 2022. The year is expected to close with more than 600,000 transactions expected nationwide, figures that have not been recorded since before the financial crisis of 2008. "The mortgage market is the consequence of the real estate market. If houses are sold, there will...

HOME SALES DECLINE IN THE FIRST QUARTER OF 2023

Home sales fall by 13% in February and mortgages by 24%. According to the Europapress news agency, "the sale and purchase of homes decreased in Spain by 13.1% last February in year-on-year rate and the granting of mortgage loans for the acquisition of housing decreased by 24.4%; data recorded by the General Council of Notaries". In Spain, February registered a 13.1% year-on-year decline, to 48,445...

RISE IN THE PRICE OF SECOND-HAND HOUSING

According to the latest report published in the major real estate portals, used housing rises by 2% in the month of February 2023. We are talking about €1,960 per square meter and this translates into a clear increase over last year. After carrying out a study of the provinces with the highest sales prices, we recognize Murcia and Lleida as the two provinces most affected by this increase. Meanwhile,...

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