Spanish Homes Sales July 2015 39K Transactions +11%, 19K per Mortgages

16 September 2015, Comments 0

According to the Spanish Notaries Council, there were in july 39,105 transactions all over Spain 11% more than in july 2014. The average price though decreased at 1247 euros per square meter -2.4% versus juy 2014 in the country as a whole meaning a 34% drop since the beginning of the crisis in 2007.

There were more mortgages given by banks which contributes to real estate prices recovery in Spain.29 817 mortgages were granted meaning +14% compared to july 2014, 18 864 to buy apartments with an average amount at 122 K euros.

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