Throughout last March 2022, the number of confirmed sales and contracts increased over the previous month. This information was revealed by the National Statistics Office (NSO), which claims that in March, when compared with February, around 100 more contracts were registered.
In March, there were around 1,165 contracts signed, compared to February’s 1,067. Promise of sale also increased, and did so well over actual contracts signed. In February, 967 promise of sale were issued, whereas in March 1,113 promises of sale were issued. This is an increase of around 150 promises of sale in just a month’s time.
The property value sold in March also exceeds that of February. In February, the value of property sold reached up to €202,700,000. In March, the same value reached up to €214,400,000. This means an increase of €12 million in jut one month.
The largest amount of contracts throughout March were properties in Gozo and in the South of Malta, including the likes of Ħaż-Żabbar, Żejtun and Marsaxlokk.
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