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  • Surge in Spanish Housing Market: Record in Property Transactions

    Spain’s housing market is experiencing a remarkable surge, with October 2024 recording the highest number of transactions in over 17 years. According to INE, there were 69,418 property sales, marking a 51.3% increase compared to the previous year. Both new and resale homes contributed to the growth, driven by expectations of rising property prices, lower interest rates, and pent-up demand. With strong performances in regions like Andalusia, Valencia, and Catalonia, Spain’s housing market is on track to close 2024 near record transaction levels.