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

March 1, 2020
Share this Post: 

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."

Read more

Investment for Spanish iBuying Firm
Anti-Competition Fine for Spanish Portal
Fotocasa Debuts New Portal for Investors
1 2 3 638
March 1, 2020

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Costar Q1 2024 Feat
CoStar Group Q1 Results: Homes.com Drives 12% Year-on-Year Revenue Growth to $656 Million

CoStar Group has released strong financial results in the same week that it announced its intention to acquire Matterport for...

Read More
Hemnet Feat
Hemnet Q1 2024: Strong Performance Across the Board for Swedish Market Leader

Swedish market leader Hemnet has revealed impressive results for the first three months of 2024, recording healthy double-digit growth YoY...

Read More
Costar Matterport
CoStar Group to Acquire Tech Firm Matterport for $1.6 Billion

CoStar Group has announced it will acquire the industry-leading real estate tech firm Matterport for $1.6 billion subject to shareholder...

Read More
Shutterstock 181374380
FangDD Full Year Financial Results for 2023: Net Losses Shrink as Revenues Rise

Chinese portal FangDD has released its full-year financial results for 2023, with optimism despite China's slow recovery post-pandemic. Highlights include:...

Read More

Editor's Pick