Home sales increased in June in the Canary Islands by 13.8% and in Spain as a whole by 17.9% in year-on-year comparison, with 59,021 transactions, bringing the total to twelve consecutive months of increases in a context marked by cheaper financing due to interest rate cuts.
Following this upward trend, these transactions advanced 19.7% in the accumulated semester, according to provisional data published this Tuesday by the National Institute of Statistics (INE), which reflect, however, how in June moderated its increase compared to the previous month.
Home sales started the year with an increase of 11% in January, which was accentuated to 13.9% in February, soared 40.6% in March, softened to 2.3% in April and grew again in May to double digits, 39.7%.
Second-hand 16% and new 25.3%
By type of housing, sales of second-hand -which continue to be the most numerous, concentrating 78.7% of the total- grew by 16%, to 46,451 units, according to the INE, which prepares this statistic from information contained in the Land Registry.
With this new year-on-year increase, the purchase of used housing has chained ten months with positive rates.
However, sales of new housing were the ones that increased the most in June, 25.3% -chaining thirteen months upwards-, with 12,570 transactions.
By housing regime, the free one totaled 54,688 transactions in the month, 92.7% of the total, and scored an advance of 18% year-on-year. In the case of the protected one, sales rebounded 16.3%, to 4,333 transactions.
With the exception of the Community of Madrid, Navarra and the Balearic Islands, home sales grew in June at double digits in the rest.
The largest increases occurred in Cantabria (41.7%), Aragon (37.7%), Castilla y León (35.2%), Basque Country (29.2%), Catalonia (28.7%), Extremadura (26.6%), La Rioja (24.6%) and Galicia (23.5%).
In the Community of Madrid, one of the largest markets along with Catalonia, these transactions advanced 3.7%.
