08/10/2024
The turning point in the Spanish real estate market is a proven reality for its good sales indicators. It also shines in a European context, in which some countries still need to raise their heads after 2023, which is full of doubts. According to Eurostat data, sales in Spain rose in the second quarter of the year by 12.2% year-on-year. This fact places the country among the most dynamic on the continent. Specifically, this improvement is only surpassed by that of Luxembourg (26.3%), Hungary (21.7%), Denmark (13.3%) and the Netherlands (13%). Of course, none of these countries has a market equivalent in absolute terms to Spanish, as they all have much less population. The distance is remarkable compared with the most similar country in terms of population and of which Eurostat gives data (only contributions from 16 nations), France. Compared to the solid Spanish increase, double digits, in the Gallic country, sales decreased by 14.6% in the second quarter of the year.