Los Altos Orihuela Costa Property for Sale
The sale of housing grew by 17.3% in November 2016
With this increase are already 10 consecutive months with positive percentages and chains in the accumulated of 2016 an increase of 15.1%.
The purchase of housing in November 2016 grew 17.3% year-on-year, to 33,806 operations, signing the best data for a month in November since 2009, according to data from the National Statistics Institute of Spain (INE).
The sales were sustained for a month, and more than two years ago, for operations on second-hand homes, which accounted for 82.8% of transactions, to 27,996 sales. Its cumulative growth over the year reaches 18.5%.
The new building also grows, but less
While new homes barely grew 6.8% year-on-year in November, to close with 5,810 sales, its second worst figure of 2016, and so far this year shows a decrease of -1.4%. However, the price of new housing grew by 3.3% in 2016, after closing the second half of the year with a rise of 1.9%, to reach an average value of 2,120 euros per square meter. This is the first increase in nine years.
With the current data, sales accumulated until November reached 374,284 transactions. In the absence of December data, it appears that 400,000 operations will be surpassed by the end of 2016, according to the data of the registrars.
Petra Hönig offers you in Los Altos, Orihuela Costa, property for sale.
Petra Honig is an independent, professional firm with a positive attitude, covering all aspects of residential property sales, through a business which is built on energy, agility, professionalism and knowledge.
With more than Fifteen years' experience in the Costa Blanca property market and over 23 years property sale experience in the UK, German and Spanish property sectors, Petra Honig Inmobiliaria has a successful proven track record with a multi office network with 3 offices located on the Costa Blanca South in Quesada, Villamartin (Orihuela Costa) and Guardamar.
Browse our catalogue of properties in this website, and contact us if you see any that catches your eye.