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Home Purchases Plunged 15.4% In January, Its Biggest Adjustment Since July

Despite the fall, housing transactions rebounded in January 2021 by 10.1% compared to December

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The sale of households It started the year with a year-on-year fall of 15.4% in January, leaving behind the rise recorded in December and recording the largest decrease since July 2020.

Despite the drop compared to January of last year, housing transactions -that totaled 39,753 operations- rebounded in January 2021 by 10.1% compared to a month earlier, December, according to data published by the National Institute of Statistics (INE).

This new year-on-year decrease occurs after the sale of homes closed 2020, a year that was fully impacted by the pandemic of coronavirus, with a fall of 17.7%, its biggest adjustment since 2011 and the second consecutive year of declines.

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