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Spanish housing sales increase by 9.6 pct in Jan.

Xinhua, March 7, 2015 Adjust font size:

Spanish housing sales increased by 9.6 percent in January in comparison with the same month in 2014, the Spanish National Institute of Statistics (INE) reported on Friday.

A total of 33,416 operations were registered in the first month of the year, the highest figure since February 2013, according to the INE.

Sales of second-hand houses increased by 50.8 percent to a total of 24,413 operations in January, while sales of new houses decreased by 37.1 percent in comparison with a year earlier to a total of 9,003 operations.

The INE reported that sales of non-subsidized houses rose by 10.4 percent to 29,667, accounting for 88.8 percent of the total, while sales of subsidized houses rose by 3.3 percent to a total of 3,749 purchases, representing 11.2 percent of the total.

Housing sales in Spain have been rising for five consecutive months on a year-on-year basis, the INE said. Endit