Spanish house sales rose for the first time since the fourth quarter of 2006 on an annual basis, data released by the Ministry of Housing showed Friday.
House sales rose 4.1% year-on-year in the fourth quarter following a 12.5% decline in the third quarter. That was the first increase since 2006.
Compared to the third quarter of 2009, house sales surged 21.4% to 130,572 in the fourth quarter.
In 2009 as a whole, 462,747 houses were sold, a decline of 18% compared to 2008.
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