According to statistics from the Spanish General Council of Notaries, released on last Monday, housing sales in Spain increased by almost 40% in February 2014 in comparison with February 2013, while the purchase price rose by 0.6%. This is another increase in quick succession after the large rises of housing sales by 59.2% and purchase prices by 8.9% in January 2014.
The General Council of Notaries indicated that the reasons for the increase could be found in the normalization of the number of transactions after the ending of the deduction on home buying at the end of 2012. Continue reading