ARCHIVED - Another rise in property sales in Murcia as the Region escapes the general slowdown

The level of activity in the Costa Cálida real estate market remains close to its highest for 9 years

This Monday saw the publication by the government’s central statistics unit of the residential property sales data for November 2019, showing that the number of transactions was lower than last year for the fourth consecutive month across the country, but in the Region of Murcia the opposite was once again the case.

Following a slump in most parts of Spain since the summer it appears that a ceiling has been reached in the level of activity in the market nationwide, but in Murcia the November data show another moderate increase of 1.2 per cent to 1,292 sales. As a result, after eleven months of 2019 the cumulative total of property sales in the Costa Cálida stood 1.6 per cent higher than at the same stage in 2018 (at 15,586).

At the same time, the running 12-monthly total of transactions registered in Murcia is now 79 per cent higher than when the market bottomed out in August 2014.

To view a wide range of properties for sale across Spain consult the Spanish property page.

Follow Murcia Today on Facebook to keep up to date with all the latest news, events and information in the Region of Murcia and the rest of Spain: https://www.facebook.com/MurciaToday/.