Fever for buying housing shoots sales and relives the spirit of the brick 'boom'

Fever for buying housing begins to remember those years in which the brick lived its greatest splendor in our country. The pandemic of Coronavirus and, above

Fever for buying housing shoots sales and relives the spirit of the brick 'boom'

Fever for buying housing begins to remember those years in which the brick lived its greatest splendor in our country. The pandemic of Coronavirus and, above all, the successive confines during the last year has caused many people to rethink the place where they want to live and have decided to change their residence. That explains in part that last June a total of 48,201 purchase of homes throughout Spain will be closed, 73.5% more than in the same month of 2020 and, which is more reliable, 18% more than in June 2019.

Since 2008, he had only overcame the roof of the 48,000 closed monthly operations, something that was usual before the outbreak of the real estate bubble in Spain. The June figure is also the best balance so far this year and also supposes, the highest figure of the last 23 months. "We are approaching the 50,000 monthly operations and are data that remind the registered years of the 2008 real estate boom," says María Matos, Director of Studies and Spokesman for Photocasa.

The residential is one of the markets that has best resisted the impact of the pandemic since March 2020. The operations were rested during the first months of the state of alarm, but since the lack of reason they have been recovering their rhythm progressively.

In the sector, "normalization" and "strength" are talked about, although it is also invited to interpret the figures with caution and context. "The bulky interannual rises must be contextualized, since the comparison is carried out by June 2020, when it had not yet been alarm and the notaries and recorders only attended cases of urgency, therefore, it is normal for evolution so high. Even so, if comparison is made with the same month of 2019, evolution is more than positive and an increase of 18% is recorded that confirms that the previous data on the pandemic "adds, adds María Matos.

Few in the sector remember in recent times that so many Spanish at the same time had intention to change housing and were as interested in seeking a new residence. This is one of the keys to explain the hatching of the shops that he certified yesterday the National Institute of Statistics (INE), but not the only one. "This volume of operations is directly related to the optimism generated by the success of vaccination processes, the imminent European aids, low interest rates and increased household savings in the last year," says Francisco Iñaroya, spokesman of the idealistic specialized portal. "Even so, it is possible that the volume of operations be affected by the inclusion of purchase paralyzed by the uncertainty that have been reactivated before a climate of greater optimism, so we will have to wait for upcoming data to confirm if the market is based on these Record figures, "he adds.

For its part, from Pisos.com they remember that the year-on-year 200 data represent the fourth consecutive advance, which allows to be "very optimistic" with the evolution of a very "resilient" industry and put into value the importance of figures, already That June was "precisely the first month in which the state of alarm stopped being in force."

The other change that is consolidated after the pandemic is the interest in the new work. Buyers not only want to change their house, but want houses to have broader and bright spaces, common areas and other amenities such as pool or garden. And these characteristics are more in the newly built homes, hence, 71% up, until 9,363 purchase.

Another reason is Teleworking, and is that the fact of not having to go every day to the office is making many Spaniards abandon the cities and prefer to buy in the periphery, where it is usually "a large part of the work supply New, "add several experts consulted by EFE.

19.4% of the homes transmitted by sale in June are new and 80.6%, used. The operations in the latter grew by 74.1%.

The year-on-year increase of 80.5% of the farms transmitted through an inheritance, a data that reflects the increase in mortality caused by the pandemic is also striking.

By autonomous communities, those who recorded a greater number of housing purchases were Andalusia, where 9,945 units were sold (88.4% more); Madrid, with 7,998 operations (+ 99.3%) and Catalonia, with 7,151 purchase (+ 57.3%).

Regarding the percentage of annual increase, Community of Madrid (+ 99.3%); Aragón (+ 89%) and Andalusia (+ 88.4%) were the ones that grew the most in June, while Cantabria (+ 24.3%); Basque Country (+ 29.3%) and the Principality of Asturias (+ 38%) recorded the lower increases.

Updated Date: 07 August 2021, 13:06

You need to login to comment.

Please register or login.

RELATED NEWS