Home sales surpass 30,000 for first time since 2007

In 2017 a total of 30,064 homes were sold in Málaga province

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In addition to the boost in sales, residential construction doubled in Málaga last year (Photo: O. McIntyre)

THE number of home sales in Málaga province last year surpassed 30,000 for the first time since 2007, the year before the real estate bubble burst.

Preliminary year-end figures released last week by the National Statistics Institute (INE) show that in 2017 a total of 30,064 homes were sold in Málaga province, up 12.8% compared to 2016. Andalucía-wide, a total of 89,337 homes were sold, an increase of 12.6% over 2016, while nationwide sales were up 14.6% to 464,423.

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