Home sales up 7pc in Q1

A new report from Spain’s Property Registrars suggests that transactions – the lifeblood of the property market – are bottoming out, though it is still too early to declare a recovery under way.

The number of property deeds of sale inscribed in the property registry rose by 7% in Q1 compared to same period last year, according to the latest report from Spain’s College of Property Registrars. This is the first time in several years that annualised sales have risen in a quarter.
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· Spanish House Price Index – June 2010
· Spanish House Price Index – May 2010
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· Euribor Rises, New Mortgages Up
· Spanish House Price Index – April 2010