Statistics on transfer of property rights – July 2012.

In July, the number of property transfers registered at notary was 133,144 which represent a 3.9% increase over the same period last year.

This is according to figures released by the National Institute of Statistics which also showed that the number of homes transferred in July was 2.5% lower than in the same month last year.

The press release is below.

The number of property transfers recorded in the land registries, from public deeds previously registered, was 133,144 in July, that is, 3.9% more than for the same month in 2011, and 2.2% higher than in June 2012.

In the case of registered merchantings of property, the number of transfers was 57,344, representing an interannual decrease of 0.6%, and an increase of 5.3%, as compared with the previous month.

Merchantings recorded in the land registries

86.5% of the registered merchantings corresponded to urban properties and 13.5% to rustic properties. Among the urban properties, 55.2% were merchantings of dwellings.

The number of merchantings of rustic properties increased 1.2% in the interannual rate in July, while that of urban properties decreased 0.8%. Within the latter, merchantings of dwellings decreased 2.5%.

Registered merchantings of dwellings, by protection system and status

87.6% of transfers of dwellings by merchanting in July were free housing, and 12.4% were protected housing. In interannual terms, the number of transfers of free dwellings by merchanting decreased 2.5%, the same figure than protected housing.

48.5% of the dwellings transferred by merchanting in July were new, and 51.5% were used. The number of transactions on new dwellings decreased 0.2% and the number of used dwellings decreased 4.6%, as compared with July 2011.

You can download the full press release here: Statistics on Transfer of Property Rights – July 2012

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