The sale of homes soared 53.5% last July in relation to the same month of 2020, to add 50,258 operations, its highest figure since April 2008, when more than 54,000 transactions were carried out, as reported this Wednesday the National Institute of Statistics (INE).

With the interannual advance of July, the sale of homes has registered positive rates for five consecutive months after the increases of 32.4% and 65.9% registered in March and April, respectively, from 107.6% in May and 73 , 5% in June.

The year-on-year upturn in home sales in July was the consequence of the increase in transactions for new homes, which increased by 40.2%, to 9,510 transactions, as well as the increase in the sale of used flats by 56.9 %, until adding 40,748 transactions.

92% of the dwellings transmitted by sale in the seventh month of the year were free dwellings and 8% were protected.

The sale of free homes rose 58% year-on-year in July, to 46,222 operations, while that of sheltered homes increased 15.5%, adding a total of 4,036 operations.

In monthly terms (July over June), the sale of homes increased by 4.3%, its lowest increase in a month of July since 2018.

In the first seven months of the year, the sale of homes accumulated an increase of 34.5%, with rises of 43.7% in operations on new homes and 32.2% in the case of second-hand ones.

Andalusia, at the head of sales
Last July, the highest number of home sales per 100,000 inhabitants occurred in the Valencian Community (180), La Rioja (176) and Andalusia (158).

In absolute values, Andalusia was the region that carried out the most transactions on homes during the seventh month of the year, with 10,598 sales, followed by Catalonia (7,815) and Madrid (7,278).

The Communities that presented the highest annual increases in the number of home sales in July were: Cantabria (+ 79.1%), Comunidad de Madrid (+ 78.9%), Galicia (+ 66.5%) and Castilla- La Mancha (+ 62.6%).

The Basque Country was the only community that cut its number of home sales in July compared to the same month in 2020, registering a drop of 6.5%.

The total number of transmitted farms rises by 26%
The properties transmitted in the property registers, from public deeds carried out previously, reached 183,717 in July, 26.2% more than in the same month of 2020.

41.2% more properties were transmitted through sale than a year before, while those transmitted by donation increased 2% annually; those transferred by inheritance increased 20.2%, and swap transactions, 47.9%.

87.1% of the sales in July corresponded to urban properties, which include homes, and 12.9% to rustic properties. Sales of urban properties increased 46.9% year-on-year, while those of rustic properties rose 12.2% in relation to July 2020.