Grupo Vapf

Posts Tagged ‘new homes’

New homes authorizations on the increase

The Superior Council of Accredited Architects of Spain has provided data on the number of authorizations requested to build new homes, and indicates the second consecutive rise since December 2007 when the bubble burst.

The number of  approved projects for new homes surged 16.75% in the second quarter of 2010, for both private and council houses. The data shows that of the authorizations requested, 15.098 correspond to private properties, increase of 7.4% and 9.048 for council houses, a figure which represents an increase of 35% more than in the first quarter of 2010.

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Increase in property sales in Spain during May

In May 2010 a total of 37,784 property sales transactions were signed, 3,400 more than during April 2010 (inter-monthly rate of May over April of 7.3%). If we compare this figure with that obtained in May 2009, we also obtain a positive result because, in May 2010, 3772 more homes were sold than in May 2009, with an year-on-year rate for the first five months of the year of 11.5%.

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Sales transactions increase in April 2010

According to data provided by the INE (National Statistics Institute) the number of property sales transactions in Spain reached 34,326 units during the month of April 2010, this figure represents an increase of 17.60% compared with the data obtained in April 2009. This figure is the lowest in 2010 but is the fourth consecutive year-on-year improvement for 2010.

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