House sales up 30% in Spain during August

It makes the eighth consecutive month of improved sales, when compared to last year

House sales in Spain continue their recovery with the latest data from the National Statistics Institute showing the eighth consecutive month of increases.

Sales during August were 29.6% higher than for the same month last year at 43,817 homes. Of these 53% or 23,310 were new properties, and 46.8% or 20,507 were resale.

57% of the sales were concentrated in the regions of Andalucía, Madrid, Cataluña and Valencia.

The August increase follows rises of 16.4%, 7% and 11.9% over the previous three months, and for the year so far sales are 13.8% higher than for the same period in 2009.

Source: typicallyspanish.com

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