The purchase of homes slows down its euphoria despite rising 11.9% in April and registering 47,349 operations

The sale of houses continues to rise but the invasion in Ukraine, inflation and economic uncertainty begin to reduce the euphoria.

The month of April ended with a total of

, which is 11.9% more than in the same month of 2021, however, the figure interrupts the meteoric rise that the market had been registering since the beginning of the year.

Compared with the 59,272 transactions in March, the balance for April represents a

despite which it is the fourth best month since 2008, according to data published this Monday by the National Institute of Statistics (INE).

In the first four months of the year, the sale of homes has increased by 23.1%, with increases of 26.3% in the case of second-hand homes and 11.5% in new homes.

"Although year-on-year growth was in double digits, the series shows the impact of inflation and the invasion of Ukraine as it represents the smallest increase in trading volume since the beginning of 2021, when the market recovery began after This stabilizing trend will probably continue over the next few months,

in the volume of sales caused by the increase in the cost of financing, economic uncertainty, high inflation and a housing

on the market that continues to decline. dwindling," says

, spokesman for idealista.

From Fotocasa they prefer to focus on the dynamism that is still perceived in the market.

"In April, 47,349 operations were closed, a figure that indicates that the market continues to be very strong and active. We can already confirm that the start of the war has not directly impacted the search for housing and the interest in buying, at least of the national particulars, continues unabated. The impact is probably indirect

and these dynamic figures correspond to an acceleration in the search for housing, to try to avoid

announced by the ECB," says María Matos , Director of Studies and spokesperson for the firm.

The year-on-year rise in home sales in April is due to the increase in operations on new homes, which grew by 3.4%, to 8,788 operations, the lowest figure since April 2021, as well as the increase in sales of used flats by 14%, to add 38,561 transactions, the lowest figure since December 2021.

92.4% of the homes transferred by sale in the fourth month of the year were free homes and 7.6%, protected.

Regions

By communities, in absolute values,

was the region that carried out the most home transactions during the fourth month of the year, with 9,984 sales, followed by

(8,018),

(6,383) and

(6,271).

Thirteen communities sold more homes in April than in the same month of 2021. The largest year-on-year increases were in the

(+33.3%), the Canary Islands (+31%), Castilla y León (+19.9%) and Asturias (+19.4%), while the most moderate corresponded to the Basque Country (+0.6%), Murcia (+0.9%), Navarra (+6.1%) and Galicia (+7%), only regions with single-digit increases.

By contrast, the sale of homes fell in April in La Rioja (-9.9%), Madrid (-2.7%), Extremadura (-2.4%) and Cantabria (-0.8%).

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