Sales and Price Trend Last quarter 2022
Sales and Price Trend Last quarter 2022
According to data from the College of Property Registrars, in Catalonia home sales during the last quarter of 2022 have fallen by 10.9%, with a drop in prices of 0.6%. The greatest drop in sales occurred in Tarragona (-12.4%), followed by Barcelona (-12%) and Girona (-9.9%), while they rose 8.4% in Lleida. This demarcation was also the exception in the evolution of prices: they have risen 11.4% in the last quarter, compared to falls of between 0.1% (in Barcelona) and 1% in Tarragona.
More optimistic are the association of Catalan promotions APCE, which expressed its confidence that the new construction market will remain strong despite the rise in rates. There is little supply, and a strong demand that is also solvent. And financial entities are looking for formulas, such as mixed mortgages, that give consumers confidence to buy, he stressed.
If we focus on our area of the Costa Brava Center, specifically the towns of Castell-Platja d'Aro, Sant Feliu de Guíxols, Santa Cristina d'Aro. The scarce supply of conventional housing, both flats and houses, caused by the limitations in developing new land causes an increasingly upward trend in prices.
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