Home sales in Spain experienced a notable downturn in October, with transactions falling 2.5% year-on-year to a total of 67,789, according to the latest data. The decline is largely attributed to a significant collapse in new-build property sales, signaling potential challenges in the country’s real estate market. The figures highlight shifting dynamics in Spain’s housing sector and raise questions about the broader economic implications.
Home Sales in Spain Decline Driven by Sharp Drop in New-Build Transactions
The Spanish housing market experienced a subtle yet notable contraction in October, with total home sales dipping to 67,789 transactions, marking a 2.5% decline compared to the same period last year. This downturn is primarily attributed to a sharp reduction in new-build property sales, which faced increasing headwinds amid rising construction costs and tighter financing conditions. Despite the challenges in the new-build segment, resale homes showed resilience,…
—-
Author : Ava Thompson
Publish date : 2025-12-18 00:08:00
Copyright for syndicated content belongs to the linked Source.
—-
1 – 2 – 3 – 4 – 5 – 6 – 7 – 8
