The sale of properties registers its greatest November in 15 years, with 55,132 operations, 10.8% extra

The buy and sale of properties rose 10.8% final November in relation to the identical month of 2021, reaching 55,132 operations, its highest determine in a month of November since 2007, when greater than 56,100 purchases had been exceeded, as reported by this Friday the National Institute of Statistics (INE).

With the interannual advance in November, the sale of properties chains 21 consecutive months of constructive charges. However, the expansion of operations has slowed down by six tenths in comparison with the year-on-year rise in October, when residence gross sales elevated by 11.4%.

The year-on-year rise in residence gross sales in November was the results of a 14.3% enhance in operations on used properties, as much as 45,199 gross sales, since operations on new residences decreased by 3% year-on-year, to a complete of 9,933 transactions.

92.2% of the properties transferred by sale within the penultimate month of final 12 months had been free properties and seven.8% had been protected.

The sale of personal properties rose 11.7% year-on-year in November, to 50,847 operations, whereas that of protected ones hardly superior 0.5%, totaling 4,285 operations.

In month-to-month phrases (November 2022 in comparison with October of the identical 12 months), residence gross sales grew by 6.8%, lower than it did in 2021, when operations rose by 7.4% in November.

In the primary eleven months of final 12 months, the sale of properties elevated by 17%, with will increase of 20.1% within the case of second-hand properties and 4.6% in new properties.