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What city in Spain in demand among home buyers?

Statistical data compiled on the basis of an analysis of prisoners in 2011, contracts of sale on the Spanish property market, the regions of Spain, which was sold to the largest number of housing ...

Recently there was a reduction of the prison contract of sale, however, despite falling rates, real estate deals in Spain still held.

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The main causes of lower sales volumes are declining lending volumes, as well as the fact that people have less money to invest in real estate. And yet, where is the most sold residential property in Spain?

According to figures provided by the National Statistics Institute of Spain (INE), in the first eight months of 2011 was signed only 262,664 of the contract of sale.

In absolute terms, the leader in terms of sales of residential real estate is Andalucia - 52 367, which are followed by Madrid (36 144), Valencian Community (34 801) and Catalonia (34 348).

The number of dwellings sold per capita

According to the INE of Spain in August 2011 among the autonomous communities of the highest number of sales contracts were signed in Cantabria - 105 objects per 100 000 inhabitants. In second place is Valencian Community (94 objects per 100 000 inhabitants), followed by La-Roha (82 objects per 100 000 inhabitants).

On the other hand ranking is an indicator of Galicia with 49 facilities per 100 000 inhabitants, is the penultimate position of Asturias (52 objects per 100 000 inhabitants), and precede the Ceuta and Melilla (56 sites per 100 000 inhabitants).

The number of residential properties sold for every 100 000 inhabitants of autonomous communities of sold housing units for every 100 inhabitants of 0000.

Financial factor

The financial crisis really hit hard by the real estate market, but judging by the latest research findings fotocasa.es, in the minds of the Spanish housing is still preferable to renting. In particular, according to these studies, 84.3% of Spanish citizens prefer to purchase real estate for a living, which shows how deeply rooted is the right of ownership in the minds of Spanish citizens.

However, this view does not reflect the actual sales figures of housing, ie Another factor is the lack of financial security. According to INE Spain number of treaties of the mortgage in August 2011 decreased by 41.7% compared to the same period in 2010 - up to 29 231 contract - historically the minimum value for the period since 2003.

In this regard, the entire current year was the year to reduce rates, but in August the reduction was smaller than in July at average rates, which was 47%. However, in August 2011 was the month with a minimum number of mortgage contracts.

In general, for the first 8 months of 2011 the number of mortgages declined by 29.7% over the same period in 2010. In the monthly average in August, the number of contracts grew by 1% compared with a decline to 9.7% in July this year.

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