The housing market continues registering red numbers. According to the notaries, in the third month of the year 63,661 home sales, 11.7% less in year-on-year terms, and 27,192 mortgages signed, almost 27% less That the last year. In March the average price of homes sold also fell, to 1,580 euros/m2.
General drop in sales: only Galicia positive
The decreases have been widespread both by type of property and at the regional level. According to notarial statistics, sales of flats decreased by 11.2%, reaching 49,263 units, while single-family homes decreased by 13.4% year-on-year, reaching 14,397 units.
On the other hand, the purchase and sale of housing only grew in Galicia (3.8%), while La Rioja (-38.7%), Navarra (-34.9%), Madrid (-22.9%) and País Vasco (-22.7%) led the decreases. The Canary Islands (‑17.3%), Asturias (-16.2%), the Balearic Islands (-16.1%), Castilla-La Mancha (-13.9%) and Catalonia (-12%) also performed worse than the average. .5%), while Murcia (-10.6%), Extremadura (-8.9%), Cantabria (-7.0%), the Valencian Community (-6.1%), Aragon (-6.1 %), Andalucía (-5.5%) and Castilla y León (-5%) had a better result than the national average.
Decrease of more than 30% of mortgages in some CCAAs
In March, mortgage loans for house purchase they fell 26.4%, to 27,192 operations, while the average amount fell 4.4%reaching 146,870 euros.
By autonomies, mortgage loans for home purchase They have already accumulated four months of general falls throughout the country. The communities that performed better than the national average were: La Rioja (-24.7%), Galicia (-23.6%), Comunidad Valenciana (-21.8%), Extremadura (-21.0%) , Andalusia (-20.2%), the Balearic Islands (-19.6%), Castilla y León (-19.3%), Cantabria (-19.0%) and Aragón (-16.0%).
On the other hand, negative rates greater than 30% were obtained in Navarra (-43.7%), Asturias (-43.1%), Castilla-La Mancha (-32.6%) and Madrid (-31.8%). Strong falls were also registered in the Basque Country (-29.6%), Catalonia (-29.4%), the Canary Islands (-28.3%) and Murcia (-28.2%).
Regarding the average amount of new mortgage loans for house purchase, the evolution continued to be uneven at the regional level: it grew in seven CCAAs and fell in the remaining 10. The increases in Aragón (12.7%), Galicia (12.2%) and Extremadura (12.1%) and the decreases in La Rioja (-29.5%) and the Balearic Islands (-23.2%) stood out.
On the other hand, notaries place the percentage of home purchases financed by a mortgage loan stood at 42.7%Therefore, it has remained at a minimum since 2017. In addition, in this type of purchase with financing, the amount of the loan represented an average of 70.9% of the price.
The median price of homes sold falls
The data from notaries also shows a 2.6% decrease in the price per m2 of homes sold, which remained at 1,580 euros/m2.
The prices of the apartments had a fall of 2.6% with respect to the same month of the previous year, reaching 1,746 euros/m2, while the price of single-family homes averaged 1,276 euros, registering a decrease of 2, 7% of the m2.
As regards the Autonomous Communities, the evolution in this case has been uneven: 10 autonomies registered an increase in the price of housing, while in the rest of the country the m2 fell.
The biggest rises, above 5%, were carried out in Canary Islands (9.5%), La Rioja (6.7%), Valencian Community (6.3%), Castilla y León (5.9%), Aragon (5.9%), Madrid (5.2% ) and Murcia (5.2%). Less than 5%, but still positive, were the increases in Galicia (4.7%), Catalonia (2.4%) and Andalusia (0.5%). On the other hand, house prices recorded declines in Cantabria (-7.7%), the Basque Country (-6.2%), the Balearic Islands (-6.1%), Navarra (-1.5%), Castilla- La Mancha (-1.5%), Extremadura (-1.2%) and Asturias (-0.5%).
2023-05-04 11:42:37
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