Home Entertainment News The sale and purchase of housing in Spain increased by 12.5%

The sale and purchase of housing in Spain increased by 12.5%

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The sale and purchase of housing in Spain increased by 12.5%

THE buying and selling houses increased one 12.5% and the granting of mortgages A 26% in Spain in the month of September in annual comparison, while the creation of new companies recorded an increase of 1.5%, according to data collected by the Notarial Statistical Information Center.

The number of sales increased to reach 55,033 units and the average price per square meter rose to 1,757 euros, recording an increase of 4.2% over one year.

By type of housing, sales of apartments They increased by 11.4% year-on-year, to reach 41,712 housing units, while single-family housing units increased by 16.2% year-on-year, to reach 13,321 housing units.

THE price floors experienced a increase of 5.6% compared to the same month of the previous year, reaching 1,990 euros per square meter, while the price of individual houses rose on average to 1,356 euros, recording an increase of 2.4%.

Buying and selling homes increased

Buying and selling of homes increased in 16 autonomous communities and it only decreased in Navarre (-4.0%). The communities where an evolution higher than the national average was recorded were the Basque Country (39.8%), Madrid (24.5%), Castilla-La Mancha (23.3%), Castilla y León (21. 9%), Asturias (20.0%), Extremadura. (17.0%), Cantabria (16.0%), La Rioja (14.0%), Catalonia (13.3%) and the Region of Murcia (12.0%).

Promotions were lower than the national average in Galicia (12.0%), Balearic Islands (6.2%), Andalusia (4.9%), Valencian Community (4.7%), Aragon (4.5%) and the Canary Islands (4.4%).

Increase in mortgage lending

Mortgage loans for the acquisition of housing have increased 26% per year in Spain, up to 25,794 operations. The average amount of these loans increased by 4.6% over one year, reaching 154,264 euros on average.

The percentage of house purchases finance through a mortgage loan amounts to 46.9%. Furthermore, in this type of purchase with financing, the loan amount represented on average 72.2% of the price.

Mortgage loans for the purchase of housing increased in all autonomous regions. The autonomous communities whose rates exceeded the national average were Asturias (51.7%), Basque Country (47.0%), Castilla y León (41.9%), La Rioja (40.7%), Galicia (33.3%), Cantabria (31.8%). %), Madrid (30.5%), Region of Murcia (29.4%), Catalonia (29.0%) and Navarra (26.4%).

The number of new loans increased to a lesser extent than the average of the remaining seven autonomy, highlighting Comunidad Valenciana (20.1%), Castilla-La Mancha (18.8%), Extremadura (18.5%), Andalusia (17.2 %), Aragon (15.9%), Canary Islands (15.8%) and Balearic Islands (2.5%).

Regarding the average quantity of new mortgage loans Regarding the acquisition of housing, the evolution remained uneven according to the autonomous regions, since it increased in 15 communities and decreased in the other two. The increases in La Rioja (33.3%) and Navarra (13.1%) stand out, as well as the declines in the Balearic Islands (-6.1%) and Asturias (-1.2%).

1.5% more companies

On the other hand, data from the Notarial Statistical Information Center also reveals that in September of this year, company incorporations increased by 1.5% over one yearup to 8,637 new businesses.

Among these, companies with a founding share capital of between 3,000 and 4,000 euros reached 6,278 new companies, which represents a decrease of 0.8% compared to September 2023. Within these , the average founding capital was 3,023 euros.

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