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Spain Home Sales Fall In December

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Home sales in Spain dropped 0.3% year-on-year to 32,148 in December, the National Statistics Institute said on Wednesday. On a monthly basis, home sales decreased 7.7%.

The total number of property transfers decreased 8.2% from the previous year to 137,604. It represents a monthly decline of 10.3%.

The total number of property transfers per 100,000 inhabitants was the highest in La Rioja and Castilla y Leon, the statistical office said.

In full year 2009, 1.85 million properties were transferred, indicating a 16.9% decrease as compared with 2008.

Home sales in Spain dropped 0.3% year-on-year to 32,148 in December, the National Statistics Institute said on Wednesday. On a monthly basis, home sales decreased 7.7%. (Market News Provided by RTTNews)

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