A Solvia study puts numbers to the 2019 buying and selling sector in Spain

by Silvia Castro Betancourt
March 1, 2020
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According to a study published by Solvia, the average amount in the sale of homes increased by 4% during in 2019, while the number of operations contracted by 4%, to 508,244 sales.

"The increasingly rational and analytical behavior of the consumer and a greater offer" says the study, having an impact on the time of the purchase process. On the other hand, financing makes it even longer due to the new mortgage law.

Despite the figures, Solvia is optimistic, anticipating a recovery in the sales sector.

The entity expects the average rental price to be around the current levels of nine euros per square meter per month. During 2019, 500,000 new rental contracts were closed, 2.4% more than in 2018. Despite this growth, the report says that "high, the market can no longer absorb higher income increases."

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