Spanish home sales hit six-year low: what buyers need to know
Data from Spanish notaries shows that residential property transactions fell for the eighth consecutive month in August, reaching their lowest level in six years. This sustained decline points to a broader cooling of...
Data from Spanish notaries shows that residential property transactions fell for the eighth consecutive month in August, reaching their lowest level in six years. This sustained decline points to a broader cooling of the Spanish property market, likely driven by elevated interest rates and a shrinking supply of affordable homes. However, in sought-after coastal areas such as the Costa Blanca, demand from international buyers continues to keep competition and prices relatively firm. Prospective buyers should interpret these national figures carefully, as local market dynamics can differ significantly from the country-wide trend.
Source: idealista/news
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Source: idealista/news