(ANSAmed) - MADRID, MAY 25 - Real estate sales in Spain have
risen 21.9% in the first quarter compared to its previous one
with 92,211 transactions, according to the figures reported
today by the property registration organisation. Figures show a
"relative recovery" of transactions compared with the decline
experienced in the last few quarters.
However, these sources say the positive results are still affected by decreases in sales prices for bank assets and the maintaining of reduced VAT on the purchase of new houses. New homes purchases dropped 25.3% in the first quarter to their lowest level since 2005. (ANSAmed).
However, these sources say the positive results are still affected by decreases in sales prices for bank assets and the maintaining of reduced VAT on the purchase of new houses. New homes purchases dropped 25.3% in the first quarter to their lowest level since 2005. (ANSAmed).
