19 January 2024 Updated at 09:50

Statistics on Transfer of Property Rights. STPR

November 2023. Provisional data

Main results

  • Last November, 179,355 properties were entered in the property registers, 4.2% less than in the same month of the previous year.
  • Registered housing sales decreased by 15.1% compared to November 2022.

The number of property transfers recorded in the land registries (from previously executed public deeds) in November was 179,355, which was 4.2% less than in the same month of 2022.

As for registered property sales, the number of transfers was 93,927, with an annual decrease of 10.3%.

Transferred properties registered according to type of acquisition. November 2023

1Includes the following items: land consolidation, horizontal divisions, joint operations or mixtures of several transfer titles, transfers without title of acquisition, dation in payment, foreclosures and court orders.

Sales recorded in land registers

86.1% of registered sales in November were urban properties and 13.9% were rural properties. Among urban properties, 58.0% were home sales and purchases.

In November, the number of rural property sales decreased by 7.1% in the annual rate, while there was a 10.8% decrease for urban properties. Within the latter, housing sales recorded an annual decrease of 15.1%.

Sales registered by property type. November 2023

Registered housing sales

93.1% of the housing transferred by sale and purchase in November were free and 6.9% were protected.

In annual terms, the number of free housing sold by purchase decreased by 14.4% and the number of protected housing decreased by 23.5%.

18.9% of the housing transferred by sale in November were new and 81.1% were used.

The number of new home transactions fell by 11.1% compared to November 2022 and that of used homes by 16.0%.

Number of registered housing sales. November 2023

Results by Autonomous Community

Región de Murcia (16,7%), Castilla y León (15.6%) y Cantabria (9.2%) recorded annual rates of higher variation in the total amount of transferred housing in November.

Meanwhile, Extremadura (-25.9%), Comunidad de Madrid (-12.2%) and La Rioja (-12.1%), registered the lowest annual rates.

Regarding the registered housing sales, the only autonomous communities in which rates increased were Principado de Asturias (6.6%), Cantabria (5.1%) y Castilla–La Mancha (2.6%).

Meanwhile, Extremadura (-34.5%), La Rioja (-28.3%) and Comunidad de Madrid (-25.7%) recorded the highest decreases.

Annual variation in the number of housing sales by Autonomous Community. November 2023. Percentage

Revision and updating of data

On the press release day, INE has updated PT data for the same month of the previous year. Results are available at INEbase.

Methodological note

The Statistics on Transfer of Property Rights provide information on the number of rights on transfers of property during the reference month, on a national level, by province and Autonomous Community.

All information on transfers of property is taken from the information contained in the Land Registers for the whole country, by virtue of a partnership agreement signed in 2004 by both institutions.

Type of survey:
continuous on a monthly basis.
Population scope:
registrations of transfers of property rights in the land registers.
Geographical scope:
the entire national territory, by Autonomous Community and provinces.
Reference period of the results:
the calendar month.
Reference period of the information
the calendar month.
Classification:
sale, donation, inheritance, exchange and other property titles, of rustic and urban properties (dwellings, plots and other urban properties).
Collection method:
administrative registers from Association of property and Mercantile registers of Spain

For more information you can access the methodology and the standardised methodological report.

INE statistics are produced in accordance with the Code of Good Practice for European Statistics. More information on Quality at INE and Code of Best Practices.

For further information see Inicio INEbase Official INE account on @es_ine
All press releases at:
www.ine.es/en/prensa/prensa_en.htm
Press office:
(+34) 91 583 93 63 / 94 08gprensa@ine.es
Information area:
(+34) 91 583 91 00www.ine.es/infoine/?L=1