Malta published a report on home sales for May


According to Statistics Malta, in May 2023 the number of properties for sale in Malta was 1,080. This is 14% less than in the same month last year. The total value of real estate for all transactions amounted to almost 253 million euros, which is 8% less than in May 2022.

The lion’s share of contracts (978 units) were concluded in May with the participation of individuals. This represents 90.6% of the total. The remaining deals were concluded by companies. The value of transactions involving private buyers amounted to 208.3 million euros, representing 82.5% of total sales. The largest number of transactions were made in the Northern Harbor area and the Northern District, where 317 and 192 contracts were concluded, respectively.



Source link