Employment and credit are home sales levels of 2011

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In the absence of a month to know how many homes were sold in 2015 According to the Scriptures referred to the property records, This morning the National Institute of statistics (INE) made public in November they were 28.733, a 13,7% more than in the same period of 2014. Like this, the statistics continued one month, they come in 15 followed, reflecting that the global economic upswing continues moving to the real estate market.

From January to November were sold a total of 326.507 housing, that means that if in the last month of the year kept the pace in the second half of 2015, the exercise will end with more of 350.000 transmitted homes, representing a return to levels of 2011, when sold were almost 360.000 housing, just before the it arreciara the global financial and economic crisis.

In terms of the detail of the numbers, few changes. As reported the INE in its press release, the 90,4% transmitted dwellings were free price, faced with a 9,6% protected (VPO). The first operations grew at a rate of the 14,1%, While that of the VPO did to the 10,2%. By typology according to their age, the used properties are still monopolizing the vast majority of transactions. In fact, the 80,5% purchases corresponded to second hand homes, While the 19,5% remaining it was newly built apartments.

Return of the cranes

In this sense, one of the landmarks that he repeated in November was how operations of houses used to grow at rates of more of the 30% annual front crash that one month counted new construction housing transactions (-25,7%).

This strong contrast has an easy explanation. On the one hand, some of the houses that are accounted for as used in records, in reality they are brand new. The problem is that it is already the second transmission weighing on them (the developer that built them went bankrupt and was sold to the Bank) or even have more than two years since they got the license of first occupation, but they had not been sold so far. By having more of those years of construction, they are to be considered as used.

There are also less purchases who subscribe on new homes by a logical consequence of the crisis: the building collapsed as soon as operations are halted. And because a new home is not writing before a notary and, then, you will reach the registry until the work is completed and delivered to owner.

Not may, the return of the cranes for the start of new developments where most has been absorbed the stock little by little will begin to narrow this difference with the percentage of sold second hand homes. By autonomous communities, sales increased in all in annual terms less in Galicia, where decreased a 8,7% annual and in Navarra, where collapsed a 24,3%.

Leading industry experts argue that this year that has just started will be the normalization for the real estate market, above all, taking into account that already in those places where sales take months marking large increases in the prices of flats have left down. Even in those areas with a shortage of supply, the houses are already sold today more expensive than 12 months ago.

The head of idealistic studies, Fernando Encinar, He explained that "the standardization steps with force". "It is confirmed, at last, a promising horizon for housing in the coming months", added Encinar, who stressed that this recovery is happening "at two speeds", Since it is patent only in some regions. on the other hand, the director of the Cabinet of studies of Pisos.com, Manuel Gandarias, He noted that "of not materialize in markets risks and political instability, similar data will be maintained".

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