Housing sales in Catalonia grew by 8% in June, accumulating 9 consecutive months of growth

Barcelona (ACN).- Real estate continues its positive trend and is gradually leaving behind the crisis the sector went through between 2008 and 2014. Housing sales have grown in Catalonia for the 9^th consecutive month in annual terms. This week, the Spanish Statistics Institute (INE) released the sales figures for the month of June 2015 and they show an 8.15% growth in Catalonia compared to June last year. It is the best figure for the month of June since 2010. Previously-owned properties are leading the market by a clear margin, with only 15% sales being new builds. In Spain as a whole, housing sales have already seen 10 consecutive months of growth. In June, they increased by 17% on last year’s figures, with 78.3% of the properties sold having been previously-owned.

Catalonia has now accumulated 9 consecutive months of growth in housing sales. Since October 2014, sales have increased by 27.63%. Spain overall has experienced one month more of unbroken growth, however, the number of transactions over the entire period increased at a much lower rate than in Catalonia. Since September 2014, sales have grown by 13.7% across Spain as a whole.

In Barcelona, sales increased significantly

Housing sales increased throughout Catalonia with the exception of Tarragona Province (southern Catalonia), where the number of sales fell by 1.6% compared to June 2014. In the Province of Barcelona (where more than two-thirds of Catalans live), sales increased by 11.36% in June compared to the same month last year. In the Province of Girona (where the Costa Brava is located), housing sales grew by 4.39% in June. Finally, in Lleida Province (western Catalonia), they increased by 3.37%.