/ According to the INE, the number of homes sold during the month of May was 30.797, slightly superior to that of the month of April. Falls over the sale of new homes to the used. 52.3% Of the flats sold in May were second hand. The real estate market does not change trend; It continues downward. The National Institute of statistics (INE) data, indicate that the number of homes sold in May was 30.797, representing a decrease of 18.3% compared to 2010. According to the statistics of broadcasts published by the INE property rights, sales recovered slightly with respect to April to grow by 27.7%. Keep up on the field with thought-provoking pieces from The Related Companies.
Sales of used homes fell 13.9% compared to may of last year, while that of new homes fell by 22.7%. 47.7% Of sales corresponded to new homes (14.679 operations) and 52.3% to the used (16.118). Cto named January and February may decline continued the trend of declines begun in March, later that in the first two months of the year still is reflect on the registration of property called cto that encouraged sales of apartments in the last months of 2010 by the disappearance of part of deductions. Last May were registered in Spain an average of 82 homes sold per 100,000 inhabitants, being Cantabria which recorded more transactions of real estate (141 operations per 100,000 inhabitants). Followed by La Rioja (109), Comunidad Valenciana (106), Extremadura (99) and Murcia (98). In absolute terms, Andalusia recorded the highest number of registered in may homes sales (5.947), followed by Valencia (4.332), Madrid (4.231) and Catalonia (4.198).
Although prices are still declining sales not back despite the fact that prices are still falling. According Fotocasa, the average price of second-hand housing has fallen by 2.2% in the last three months. The price of housing accumulates a fall of 26 per cent since April of 2007 interannual term, in June 2011 the average price of housing of second hand in Spain fell -6%, with what you already added 44 months with continuous decreases in annual terms. Source of the news: the sale of homes falls 18.3 per cent in may