Some stores opened their doors yesterday offering discounts of up to as much as 70 percent.
Over the past few days many shops in the centre of Palma have been posting signs in their windows offering discounts of 40 to 70 percent in preparation for the summer sales which this year will begin tomorrow, 29 June, as opposed to the traditional 1 July, because that is Sunday
Demand should be high for cold-weather clothing and footwear, but it isn't.
Salaries are deemed inadequate in the Balearics for the purchase of the average home. Foreign buyers are the ones helping to keep the market buoyant.
In the years of tourism "bonanza" the total sales would have been in the region of two million. "Those figures are never going to return."
A total of 1,118 properties were registered as sold in the Balearics.
Overseas buyers continue to play an important part in the property market.
Overall, car sales in the Balearics rose by over 25% last year, with 31,168 new cars having been bought.
There were more boats registered in the Balearics last year than anywhere else in Spain, 709 vessels in all having been registered.
Particular emphasis is being given to establishing a budget in order to avoid making impulse buys.
The total number of new cars and four-by-fours that were sold reached 26,634, 27 per cent up on the previous year.