Overview
- INE data show November transactions rose 7.8% year over year to 58,546 deals.
- Sales reached 660,089 through November, up 11.8%, surpassing every full year since 2007.
- New-build homes led the upswing with a 17.3% increase, outpacing a 10.4% rise in existing properties.
- Andalucía recorded the most monthly sales, with sharp gains in Canarias, Navarra and Murcia, while Madrid, Asturias and Baleares posted declines.
- Analysts say sustaining near-60,000 monthly deals hinges on low rates with Euribor around 2.5% and on banks’ mortgage strategies, which could turn more cautious.