BCN-32 Spain’s housing sales up 4.7 pct in May

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ZCZC

BCN-32

SPAIN-HOUSING-SALE

Spain’s housing sales up 4.7 pct in May

MADRID, July 12, 2018 (BSS/Xinhua) – Spanish housing sales in May rose by
4.7 percent year on year, Spain’s Statistical Office (INE) reported on
Wednesday.

A total of 47,177 purchases were registered in the fifth month of the
year, with sales of second-hand houses rising by 3.7 percent in May year-on-
year to a total of 38,874 and sales of new houses increasing by 9.2 percent
to a total of 8,303.

Sales of non-subsidized houses accounted for 90.5 percent of the total,
their sales rose by 4.4 percent year on year in May to 42,708, while sales of
subsidized houses represented 9.5 percent of the total and increased by 7.1
percent to 4,469. Spain’s housing sales have been rising for two consecutive
months.

The INE also reported that on a month-on-month basis, housing sales rose
by 12.3 percent.

BSS/XINHUA/HR/1442