According to the figures released yesterday by the National Institute of Statistics (INE), the sale and purchase of homes increased in October by 51.3% year-on-year, reaching a total of 69,418 transactions, the highest figure since May 2007, when over 75,000 sales were recorded. In October, transactions for new homes increased by 83.4% year-on-year, reaching 16,224 transactions, while those for used homes rose by 43.6%, totaling 53,194 transactions. 92.4% of the…

With the advance of July, the sale and purchase of homes returns to positive rates after the year-on-year declines of 6.1% and 21.5% in May and June, respectively. The year-on-year increase in home sales in July is due both to the rebound in transactions for new homes, which rose by 38.6% year-on-year, the largest increase in three years, reaching 11,302 transactions, and to those involving used homes. The latter increased…