Spain's home sales surge 12% on a quarterly basis
Spain's
home sales posted a 12.1 percent increase in the second quarter of 2014 compared to a year earlier buoyed by an increasing interest from foreign buyers.
Data from the Ministry of Public Works shows that a total of 91,338 homes were sold in the quarter, the best second quarter since 2010.
It also shows that 16.4% of the sales were to foreign residents, as the number of purchases by non-Spanish citizens rose for the 12 quarter in a row.
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