Home sales rose 8.2% in Navarre and fell 13.6% in the ACV in May
According to the General Council of Notaries, the price of housing has increased by 13.5%\u00A0 in Navarre, while in the ACV it has remained stable.
The sale of housing increased by 8.2% in Navarreand fell by 13.6% in the ACV in May, according to data from the General Council of Notaries.
Thus, Navarre was one of the few communities where sales increased (+8.2%), while in the Basque Country they fell by 13.6%, placing themselves among the territories with the largest declines inthe state .
In addition, the price of housing has continued to rise in the Foral Community, with a significant increase of 13.5%, while in the Basque Country it has remained stable compared to the previous year.
What is the housing and mortgage situation in the Spanish state?
In the Spanish State, the data collected by the General Council of Notaries confirm the downward trend in sales and the progressive increase in prices.
Thus, in May, sales transactions fell by 11.8 per cent year-on-year (55,761 transactions).
As for the average price per squaremetre , it has increased by 8.8% to 2049 €/ m², affecting 16 of the 17 communities and falling only in Galicia (-6.8%).
With regard to mortgages, these operations fell by 4 per cent (30,577 transactions), but the average amount increased by 3.9 per cent, to €181,976; 54.8 per cent of purchases were financed by loans, with an average payment of 72.5 per cent of the value of the property.
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