House sales fall in Spain in 2019

0
Photo taken on July 11, 2015 shows greenhouses broken by heavy wind in Sanmen County of east China's Zhejiang Province. The approaching Typhoon Chan-Hom has brought gales and rainstorms to Zhejiang Province, east China, forcing hundreds of flights to be canceled and highways to be closed, local authorities said Saturday. (Xinhua/Xu Yu) (zwx)
(Xinhua/Xu Yu) (zwx)

The number of houses sold in Spain during 2019 fell by 3.3 percent in comparison with 2018, according to data published by the Spanish Statistical Office (INE) on Wednesday.

According to the INE, it brought an end to five years of consecutive growth in the sector.

The INE attributes the sales fall to a decline in the number of transactions involving second-hand or houses previously lived.

There were 408,241 transactions involving previously owned abodes in 2019, which was 4.2 percent down from 2018. The 92,844 newly built houses and apartments which were sold in 2019 actually represented a 1.2 percent rise from the previous year. Enditem

Send your news stories to newsghana101@gmail.com and via WhatsApp on +233 244244807
Follow News Ghana on Google News

LEAVE A REPLY

Please enter your comment!
Please enter your name here