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Spain's housing sales increase by 11 pct in Sept.
Last Updated: 2017-11-14 09:36 | Xinhua
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Spanish housing sales rose by 11 percent year on year in September, Spain's Statistical Office (INE) reported on Monday.

A total of 38,610 operations were registered in the ninth month of the year, with sales of second-hand houses rising by 9.6 percent year-on-year to 31,557 purchases, representing 81.7 percent of the total.

Sales of new houses increased by 17.7 percent in September when compared with the same month of a year earlier to 7,053 purchases.

The INE reported that purchases of non-subsidized houses rose by 13.2 percent to 34,882 representing 90.3 percent of the total, while sales of subsidized houses dropped by 6.4 percent to 3,728 purchases.

The INE also reported that in the first nine months of the year, housing sales increased by 13.6 percent.

Spain's real estate sector suffered the consequences of the financial crisis with a housing bubble bursting in 2008, leading to a drop in prices and sales. Enditem

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