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Spain's housing sales increase by 2.2 pct in 2014

Xinhua, February 10, 2015 Adjust font size:

Spanish housing sales increased by 2.2 percent in 2014 in comparison with 2013, according to data published on Tuesday by the National Institute of Statistics (INE).

According to the INE, a total of 319,389 operations were registered in 2014, which meant the first rise on a year-on-year basis after three years of falling.

Sales of second-hand houses increased by 18.4 percent to a total of 199,943 operations, while sales of new houses fell by 16.9 percent to a total of 119,446 purchases.

The INE said sales of non-subsidized houses, which accounted for 89.7 percent of the total, rose by 3.2 percent in 2014, while sales of subsidized houses fell by 6.2 percent, accounting for 10.3 percent of the total.

Meanwhile, In December, housing sales increased by 15.7 percent to a total of 25,998 operations in comparison with the same month of a year earlier, while on a month-on-month basis they increased by 3.2 percent. Enditem