The number of Spanish home sales inscribed in the National Land Registry rose by 3% in November 2018 compared to the same month the previous year, the latest figures from the National Institute of Statistics (INE) revealed.

There were 38,084 Spanish home sales inscribed in the Land Register in November, and 42,150 if you include subsidised homes (known as VPO), all according to the latest figures from the INE.

The Spanish property market has been growing since it started to recover in 2014, but that growth is starting to slow down. However, new home sales were up 8%, compared to November 2017.

Looking at how sales changed on a year-to-date basis (11 months) in regions that attract the most attention from foreign buyers, interest was up in all regions except the Balearics, where sales fell 3%. Growth in sales was also comparatively weak in Catalonia, possibly due to the political situation.

Lastly, a new airport was opened in Murcia in mid-January, which is expected to give a significant boost to the region.