In the third quarter of 2017, seasonally adjusted sales or any other kind of exchange in return for payment of real estate units dedicated to all kinds of use rose by 0.3% compared to the previous quarter. Homes and appurtenances were unchanged (0.0%), while properties for business purposes registered a growth (+4.3%).
Quarter-on-quarter dynamics were different in geographical areas. The growth concerned the Islands and North-West areas for transfers of properties for homes and appurtenances (+2.0% and +0.7%) and South, Islands and North-West areas for transfers of properties for business use (+15.8, +7.3% and +5.4%).
Nationwide real estate unit exchange agreements totalled 172,272. These were unchanged (0.0%) over the same period of the previous year. 159,097 (92.4%) transfers of properties concerned homes and appurtenances, 12,275 (7.1%) real estate units for business purposes and 900 (0.5%) estates for special uses and multi-owned properties.
In relation to the type of use, transfers of residential properties registered a slight increase (+0.2%), transfers of multi-owned properties and real estates for special uses registered a more marked growth (+13.5%), while transfers of properties for business use decreased (-3.4%).
South, Islands and Nord-West areas showed positive trends for transfers of properties for homes and appurtenances (respectively +2.3%, +1.8%, +0.8%); negative trends concerned North-East and Centre
(-2.7% and -0,2%). Units for business use registered also a decline in Centre (-7.9%) and North-East (-6.3%) and a more moderate decrease in the North-West (-1.2%); on the contrary, Islands and South rose (+2.6% and +0.5%) compared to the third quarter of 2016.
Concerning the first three quarters of 2017, the total number of sales or any other kind of exchange of real estate units in return for payment (541,740) increased by 3.0% over the same period of the previous year, transfers of properties of real estate units for residential use (505.960) increased by 3.1%, and transfers of properties of real estate units for business purposes (32.803) increased by 1.0%.