By Euro Weekly News Media • Published: 08 Oct 2014 • 12:13
THE MONTH of August was followed by a slump in the real estate market in Malaga, according to information released by the National Institute of Statistics.
Malaga leads Andalucía and a majority of the other regions within Spain in the property market.
After five consecutive months of increased figures however, the purchase and selling of homes dropped 15.6 per cent compared to last year’s numbers.
According to a Diario Sur report, Malaga monopolises 34 per cent of houses sold on the regional level and ranks fourth on the national level behind Madrid, Barcelona and Alicante.
The August slump does not ruin the figures of the rest of the 2014 year, however, that are still higher than the numbers of 2013.
Malaga keeps showing a positive annual comparison compared to the national negative one.
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don't already have one. Review our Privacy Policy for more information about our privacy practices.
Share your story with us by emailing newsdesk@euroweeklynews.com, by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews
By signing up, you will create a Euro Weekly News account if you don’t already have one. Review our Privacy Policy for more information about our privacy practices.
Download our media pack in either English or Spanish.