Post by account_disabled on Mar 13, 2024 23:11:03 GMT -5
The College of Registrars has reported that sales of registered homes fell by 8.7% in April compared to the same month last year, while mortgages constituted on housing accelerated their decline to 19.3% year-on-year.
In the preview of provisional data from the Real Estate Registry Statistics , it is detailed that five consecutive months of declines in sales have already accumulated after continuous growth since March 2020. From the 46,163 operations carried out in April 2022, this figure has dropped to 42,139. year, which represents a reduction of more than 4,000 homes, says the College of Registrars.
The evolution of the number of mortgages Phone Lead constituted on homes during the last five months, as occurs with sales, also shows a negative trend, and although in January there was a recovery, the months of March and April there has been a decrease most significant in mortgages, with falls of almost 20%.
Regarding total mortgages, 34,690 operations have been constituted compared to 42,315 in the same month of the previous year, which means a difference of around 7,600 operations. Regarding home mortgages, in April 25,945 operations were constituted compared to 32,149 in the same month of the previous year, that is, about 6,200 less.
By autonomous community , during the month of April there were general decreases in sales in the interannual rate, especially in the Autonomous City of Ceuta (-50%), the Basque Country (-28%), La Rioja (-20.4% ), Balearic Islands (-17.1%), Aragon (-13.6%), Galicia (-12.6%), Catalonia (-12.4%) and Extremadura (-11.8%). Only Melilla (265.2%), the Valencian Community and Cantabria (both 3.5%) registered increases.
In relation to the total mortgages constituted compared to April of the previous year, they fell more in Extremadura (-31.1%), the Balearic Islands (-28.8%), La Rioja (-28.6%), Navarra and Catalonia (- 28.4%) and Galicia (-27.6%), while they increased in Ceuta (140.9%), Melilla (51.7%), Valencia (7.0%), and Aragón (6.2% ).
Slowdown in the growth of sales
Finally, the College of Registrars details that, in the monthly analysis of the annual evolution of sales and mortgages in the last 12 months, since June 2022, a slowdown in the growth of sales was observed, which until then were experiencing significant sustained annual growth.
In the preview of provisional data from the Real Estate Registry Statistics , it is detailed that five consecutive months of declines in sales have already accumulated after continuous growth since March 2020. From the 46,163 operations carried out in April 2022, this figure has dropped to 42,139. year, which represents a reduction of more than 4,000 homes, says the College of Registrars.
The evolution of the number of mortgages Phone Lead constituted on homes during the last five months, as occurs with sales, also shows a negative trend, and although in January there was a recovery, the months of March and April there has been a decrease most significant in mortgages, with falls of almost 20%.
Regarding total mortgages, 34,690 operations have been constituted compared to 42,315 in the same month of the previous year, which means a difference of around 7,600 operations. Regarding home mortgages, in April 25,945 operations were constituted compared to 32,149 in the same month of the previous year, that is, about 6,200 less.
By autonomous community , during the month of April there were general decreases in sales in the interannual rate, especially in the Autonomous City of Ceuta (-50%), the Basque Country (-28%), La Rioja (-20.4% ), Balearic Islands (-17.1%), Aragon (-13.6%), Galicia (-12.6%), Catalonia (-12.4%) and Extremadura (-11.8%). Only Melilla (265.2%), the Valencian Community and Cantabria (both 3.5%) registered increases.
In relation to the total mortgages constituted compared to April of the previous year, they fell more in Extremadura (-31.1%), the Balearic Islands (-28.8%), La Rioja (-28.6%), Navarra and Catalonia (- 28.4%) and Galicia (-27.6%), while they increased in Ceuta (140.9%), Melilla (51.7%), Valencia (7.0%), and Aragón (6.2% ).
Slowdown in the growth of sales
Finally, the College of Registrars details that, in the monthly analysis of the annual evolution of sales and mortgages in the last 12 months, since June 2022, a slowdown in the growth of sales was observed, which until then were experiencing significant sustained annual growth.