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Press release

Sales of real estate units and loans

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Notarial deeds – Transfers of properties of real estate units

In the first quarter of 2018, seasonally adjusted sales or any other kind of exchange in return for payment of real estate units dedicated to all kinds of use rose (176,687) by 0.6% compared to the previous quarter (Figure 1 and Figure 2). Both homes and appurtenances and properties for business purposes registered a growth (respectively +0.5% and +1.3%)  (Figure 4).Compared to the previous quarter, the growth concerned Islands (+8,4%) and more lightly South and Centre (+0.9 both%) for transfers of properties dedicated to all kinds of use; on the contrary North-West decreased (-1.0%). For homes and appurtenances the trend was substantially the same. Real estate units for business marked positive values in Islands (+4.0%), Centre (+2.5%) and North-West (+1.9%). The trend remained substantially stable for North-East and South (-0.1% both).Nationwide real estate unit exchange agreements increased by 4.2% over the same period of the previous year (Figure 3). The transfers of residential properties rose in all geographical areas: Islands (+10.9%), South (+6.9%), Centre (+4.2%), North-East (+3.9%) and North-West (+2.1%). Real estate units for business purposes grew in the Centre (+5.9%), South (+3.4%), Islands (+2.9%) and North-East (+0.8%); North-West decreased slightly (-0.2%).

Compared to the same period of the previous year the growth concerned metropolitan cities and small municipalities: transfers of residential properties increased respectively by +3.5% and by +5.2% and transfers of properties of real estate units for business purposes increased respectively by +3.4% and by +1.2%. In relation to the type of use, the transfers of residential properties rose by +4.4%, those for business use by +2.1% (Figure 5).

166.055 (94%) transfers of properties concerned homes and appurtenances, 9.733 (5.5%) real estate units for business purposes and 899 (0.5%) estates for special uses and multi-owned properties.

 

 

Reference period: Quarter 1, 2018

Date of Issue: 01 January 1970

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