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Costa Calida Property

 

Property Sales in Murcia, Spain

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Highest property sales for February

The region of Murcia and the community of Valencia were the two areas of Spain with the highest numbers of property transactions carried out in the month of February, according to figures release by the nation office of statistics. In Murcia there were 223 property deals per 100,000 inhabitants and in Valencia there were 198.

In common with the overall national trend, however, that rate of property deals is slowing dramatically, with transactions 24.4% down versus the month of February in 2007. Year on year the rate has fallen 23.5%.

New homes are still proving popular for buyers and the rate in this sector fell by 11% compared to the 33% drop in the resale market. Of the total numbers of transactions across Spain, 54% could be account for by just four areas: Andalucía, Communidad Valenciana, Cataluña and Madrid.



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