Imagine: it's August and it's hot. Júlia finds herself, relaxed, in her second residence on the beach and thinks: "What if I sell it and, with the money, renovate my apartment in the city?" Two kilometers further on, staying in a four-star hotel in the same region, is Enric, who, in a fit of motivation, looks his partner in the eye and says: "And if we invest in an apartment in the coast?"
All of them will begin the procedures in September.
According to INE data, there were more sales in September than in August in the years 2019, 2020 —the most, with a monthly variation of 20.2%— and 2021. Although in summer the market no longer slows down (in 2022 it was of 0%, that is, practically the same number of sales were registered), in September it is energized with the return of the holidays.
The Housfy database, a comprehensive real estate services platform, confirms this dynamic. Sales pick up in September and tend to hold steady through October and November, then decline gently as the Christmas season approaches.
From Housfy they foresee a market recovery during the second half of 2023, after an unstable year due to the economic situation. When asking their real estate experts about the advantages of selling before the end of the year, they have revealed some tips to encourage homeowners.
Buyers who have been pondering over their vacation will begin their search in September. The boost in demand this month corresponds to buyers with greater determination and commitment.
The floors that have been listed first have more opportunities to receive visits than those that are late. In addition, the buying and selling process usually takes a few weeks. Finishing before Christmas will be advantageous for both the owner and the buyer, who will have more room to manage all the paperwork.
Underselling is not something the owners want to do. Observing the evolution of the price of housing in each city of the State is a must before taking the leap.
The brick price, which continues to register increases, has slowed down its upward course and is expected to stabilize in the short term. This means that, in some second cities or towns, small decreases in the rental price are expected to balance the supply with the latent demand. The declines in large cities will not be so palpable, where demand, despite adversities, is always evident.
After a year of increases, the European Central Bank is already considering stopping its manoeuvres. While those responsible for monetary policy in the euro area decide whether to increase their interest rates a further 0.25% or whether to pause their increases in mid-September, buyers who need financing have time to close an offer with the bank that is most suitable for them. interesting enough.
Uncertainty bathes the real estate sector after the general elections in Spain, and especially the rental, but there would be little reason why this would splash the market for sales.
Of course, owners who have their homes empty for more than 2 years could see increases in the IBI. To avoid them, they should only rent their unused home or sell it, according to their preferences.
