Gozo’s housing market remains sluggish with a drop in final of deeds of sale

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Gozo's housing market remains sluggish with a drop in final of deeds of saleHousing market activity in Gozo is still sluggish with a drop seen in January as the island once again registered lower final deeds of sale, down on both last month and last year, at 143.

Data from the National Statistics Office released today revealed that promise of sale agreements totalled 146, this was up on December, but down considerably on January last year.

The NSO noted that 143 final deeds of sale on residential property were registered in Gozo during January, this was down by 5 on December, and by 19 on January 2024.

In the cluster of localities made up of Fontana, Gharb, Ghasri, Kercem, Munxar, Victoria, San Lawrenz, Sannat and Zebbug, there were 59 final deeds of sale, this was down by 12 on December, and by 27 on January 2024.

While in the cluster of localities of Ghajnsielem and Comino, Nadur, Qala, Xaghra and Xewkija there were 84, this was up by 7 on December and by 8 on January 2024.

Promise of sale agreements in the Gozo and Comino District registered 146, up by 54 agreements on December, but down by 40 on January 2024.

In the cluster of localities made up of Fontana, Gharb, Ghasri, Kercem, Munxar, Victoria, San Lawrenz, Sannat and Zebbug, the promise of sale agreements totalled 84, up by 33 from December, but down by 3 on the same month in 2024.

While in the cluster of localities of Ghajnsielem and Comino, Nadur, Qala, Xaghra and Xewkija, the figure was 62, up by 21 on December, but down by 37 on January 2024.

File photo: Gozo News/Alain Salvary

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