Tuesday, May 12, 2009

Housing transactions slow

Is now the time to buy a resale bargain, because the sale and purchase of homes throughout Spain accumulated a fall of 34.2% in the first quarter of 2009 compared with the same period in 2008, after which 34,895 transactions were recorded in March, 24.3% less than in March previous year.
In March there were 15,275 housing transactions and 19,620 transactions used on new housing.
House prices also fell 6.8% in the first quarter,
In the case of used housing (more than two years old), the price recorded an increase of 6.9% over the same period in 2008.

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