Data from the National Institute of Statistics (INE) say more Spanish residents want to buy a property than rent.
In August, 44% wanted to buy, and 43% wanted to rent.
Back in February, 40% wanted to buy, and 50% preferred to rent.
In August, 34% of the population had carried out a property transaction – buying, selling or renting – compared with 28% in February and 27% in August 2020.
Inquiries to estate agents are at levels not seen for a decade.
Because of Covid lockdowns, there is a trend of people looking for more spacious property, with at least a balcony or terrace outside cities.
August property sales are up 44% on August 2020.
91,974 homes were sold in August 2021 v 63,771 in August 2020.
Buyers tend to be 55% women and 45% men.
The average age of buyers is 40.
19% of buyers are low to middle-income earners.
Where are people buying?
Comunidad Valenciana has seen 34% of the adult population participate in the market in September.
In Catalunya, it was 36%.
Basque country 26%.
Sales in the Canary Islands and the Balearic islands have increased slightly in the past 6 months according to the report.