Your house in Spain has become closer to nationals

Spain after wave of the crisis that swept the country, straightens the shoulders and extended a helping hand to its citizens, in the autumn month of October after a long decline in the life of real estate, Spain was visited by a boom in the form 17687 mortgage loans, which is almost a quarter more than last, 2013. On average, transactions on real estate acquisition loan was made for 100,000 euros.

However, these rates are slightly inferior to the previous October, the month by about 7.4 %, which may indicate a saturation of the market and meet the housing needs of citizens of the country or outflow of investments. However, the head of the analytical portal Idealistaпрогнозировал that the figures do not indicate negative trend and merely reflect a somewhat distorted picture of events and the situation on the real estate market, since some of the results for particular months and not affect the current report, that is, for example, in September a record of the transaction, details of which were not granted in August. This circumstance is explained by the fact that there is a concept of seasonality in the work of the cadastral companies.