Cost of Spanish Housing Up 9.5% in October

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Cost of Spanish Housing Up 9.5% in October

October saw the price of second-hand housing increase by 0.4% when compared to the previous month. On the annual basis, the average cost increased by 9.5%. These increases bring the average cost per sqaure metre to 2,363 euros. The annual increase of 9.5% is the highest seen in the last 12 months. “The residential market Continue Reading

Sales and Prices Continue to Rise in 2024

The number of homes sales in Spain increased by 19.4% in July, when compared to the same month in 2023. The total number of transferred properties in the property registers was 12.2% more than the previous year, at 191,192. Of these, 108,003 were sales, according to figures from the INE. 87.8% of the registered property Continue Reading

Used Property Prices Up 8.5% on Last Year

The price of second-hand housing in Spain fell by -0.7% in August. Compared to the same month in 2023, the price increased by 8.5%. This brings the average cost per square metre to 2,327 euros. This last year-on-year value (8.5%) is the second highest increase in the last 12 months. Spain has gone from a Continue Reading

Home Sales Increased Significantly in April

In April 2024, the total number of transferred properties registered in the property registries reached 191,286, which was 20.8% more than in the same month of 2023. In the case of purchases and sales of registered properties, the number of transfers was 103,950, representing an annual increase of 21.1%. 86.7% of the sales registered in Continue Reading

House Prices Continued to Rise in May

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

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

2024 First Quarter Positive for Property Market

The first quarterly figures for property sales in Spain show an increase in the price of second-hand housing of 2.5%, and an annual increase of 7.4%. This brings the average cost per square metre to 2,259 euros. “Home purchases in Spain continue to go through a period of high demand while waiting for a possible Continue Reading

Increase in New Build Property Sales in January

The total number of properties transferred in January 2024 was 192,398, a 2.2% increase over the same month in 2023. In the case of property sales, there were 108,364 recorded, an annual increase of 3.2%. 86.5% of those sales correspond to urban properties, with 13.5% being rural properties. Of those urban sales, 58% were private Continue Reading

Spanish Property 2023 Roundup

2023 was a game of two halves in terms of home sales in Spain. The first half of the year saw the cost of housing rise considerably. It even set a record year-on-year price increase in June at 10.8%, the largest increase over the last 17 years. This kind of increase was similar to the Continue Reading

Home Sales Fell 11% in October

The total number of transferred properties registered in the property registries in the month of October was 167,771, which is 0.8% less than in the same month of 2022. In the case of purchases and sales of registered properties, the number of transfers is 88,530, showing an annual decrease of 6.4%, according to the latest Continue Reading