The price of second-hand housing in Spain increased by 1.1% in May, when compared to April, while the annual increase was 7.7%. This brings the average cost per square metre to €2,294 p/m². Although prices continue to rise significantly, the annual increase is 2.5% points lower than the annual increase of 10.2% seen in May. Continue Reading
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Tag Archives: Andalusia
Sale and Rental Prices Increase in April
Second hand house prices in Spain reached 2,269 euros p/m² in April having increased by 0.4% when compared to March. When compared to April in the previous year, the price increase is 7.4%. “The evolution of the price of second-hand housing continues to rise sharply and with a stable trend for five months, coinciding with Continue Reading
Rental Costs Reach Historical High in January
The price of rental housing in Spain increased by 1% in January when compared to December 2023. When compared to the previous January, the increase was 5.1%. This brings the average price per square metre, per month to €11.78. This is the highest average rental cost since 2006. “The price of renting continues to rise Continue Reading
Year-on-Year House Price Increase in January
Second-hand house prices in Spain fell by -0.8% in January, when compared to the previous month. Year-on-year, the price increased by 1%, putting the average cost per square metre at 1,892 euros. This is the fifteenth consecutive year-on-year rise in house prices since November 2020. “The price of housing remains stable and starts 2022 with Continue Reading
Pandemic Affecting House Prices in Q3
The price of second-hand housing in Spain saw a fall of 1.5% during the third quarter of 2020, and a 2.4% fall year-on-year in September. This places the average cost per square metre at 1,845 euros, according to new figures from fotocasa. This is the first third-quarter fall for three years following increases of 4.8% Continue Reading
Cost of Shared Homes Increased in August
The average price of renting a room in a shared apartment in Spain rose 2.7% on the interannual variation and stood at 319 euros per month in August, according to a report from Fotocasa. “After the strong increases that we have been registering in recent years, in general, the rental market is tending to stabilize Continue Reading
Price of Rental Housing Fell in July
The price of rental property in Spain fell slightly in July, recording a monthly variation of -0.8%. When compared to the same month in the previous year, the variation is +7.9%. This change puts the average cost per square metre per month at €10.73, according to the real estate index from fotocasa. The national average Continue Reading
House Prices See Slight Fall in July
The price of second-hand housing in Spain fell by -0.7% year-on-year in July. This places the average cost per square metre at 1,888 euros. The national average is a massive 38% lower than the average in Madrid! Thirteen autonomous communities presented positive monthly data in July. The community with the highest increase in second-hand house Continue Reading
New Buyers Could Save Property Market
The latest property sales data released by the INE for April 2020, shows a decrease of 39.2%, more than double the 18.6% fall we saw in March. This is of course due to the state of alarm introduced across Spain in March to control the coronavirus and the figures do not come as a surprise. Continue Reading
