Existing home sales fell 4.1% year on year in September, breaking the upward trend during the first eight months of the year, according to data from the National Statistics Institute (INE).

According to the statistics of transfers of property rights published today by the INE, in September 2010, 36,049 homes were sold, of which 50.4% were new (18 180) and 49.6% used (17 869).

The sale of existing homes grew by 1.9% compared to September 2009, while that of new flats fell by 9.4%.

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