Housing transactions in Spain grow 41.5% in September (year on year), highest single-month figure since 2007

vivienda

Bankinter : Housing transactions grew 41.5% in September (year-on-year) to 61,887 units versus 0.9% previously. This represents an accumulated increase of 3% so far this year (against a 5% estimated drop in 2024).

Opinion of Bankinter’s analysis team: Good news. Transactions grew strongly in September, supported by the interest rate cuts, and reached the highest number of transactions in a month since 2007. A further sign of the strength of the housing market, whose prices we estimate will continue to rise above inflation in both 2024 and 2025.

About the Author

The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.