HOUSING PURCHASE GROWED 13.6% IN 2016, THE HIGHEST INCREASE SINCE 2007

Compra Venta Viviendas

The purchase and sale of housing closed 2016 with a rise of 13.6%, chaining three years in positive and leading the largest increase since 2007, the year in which the series began, according to data published today by the National Statistics Institute ).

In the whole of 2016, 403,866 homes were bought and sold, the highest number since 2010.

This was due to the second-hand market, which, with a rise of 17.8% and 328,248 transactions (the highest figure since 2007), accounted for 81.3% of total operations. For its part, the purchase of new housing fell by 1.7%, to 75,618 operations and chained six years in negative.

 

In addition, 89.7% of the homes marketed (362,182) were free, 13.5% more, while those of official protection increased by 14.5% to 41,684 transactions.

Except in January, when they fell by 2.9%, buying and selling grew every month in 2016 and even rose almost 30% in April. In December, data also published today by INE, the purchase and sale of housing grew by 6.8% compared to the same month of 2015 to 29,582 operations.

In fact, the purchase and sale of housing has increased in 27 of the last 28 months.

Sales also increased in all communities with the Balearic Islands (31%); Catalonia (20%) and Extremadura (18.6%) at the top.

The highest number of sales was registered in Andalusia (78,708); Catalonia (66,447), Community of Madrid (58,231) and Comunidad Valenciana (57,828).

 

According to INE data, the total number of farms transmitted recorded in the property records per 100,000 inhabitants was higher in Aragon (7,168); La Rioja (7,147) and Castile and Leon (6,994).

In 2016, the total number of transmitted farms registered in the property records and coming from previous public deeds was 1,681,686, 2.6% more than a year earlier.

According to Idealista, the growth recorded in 2016 is a “boost” to the normalization of the sector, which, despite the turmoil experienced in the mortgage market, has managed to sell 50,000 more homes. In addition, they anticipate new increases in the coming months.

From Fotocasa, they agree that these data are a reflection of the good moment that the sector lives after having made a strong adjustment and, although they consider that the worst has happened, the recovery will be slow, moderate and constant in 2017 and will not be noticed in all areas alike.

 

Pisos.com considers that in 2016 the expectations have been fulfilled despite having been convulsed in terms of political uncertainty and maintains that we must pay attention to the evolution of new work in 2017 and not lose sight of the price of the soil, which is rising so accelerated by the scarcity and blocking of urban developments.

While waiting for other statistics, such as the Ministry of Development, the College of Registrars or Notaries, Caixabank foresaw that the sale of housing would reach 445,000 units in 2016. Solvia, the real estate agent of Banco Sabadell, estimated that the year Closed with 450,000 sales and a 3.2% increase in prices.

Bankinter projected a rising housing demand of up to 420,000 units in 2016 and 450,000 in 2017, while the BBVA study service estimated that the price of housing grew by around 3% this year and that the sales and purchases made it a 10 % To 440,000 homes, all of which assumed that economic and political uncertainties did not end up definitively moving to demand.