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: housing
Demand is Pushing Up Housing Prices
The latest price index data, posted by the INE, reflects an increase of 2.5% compared to the previous quarter and a year-on-year increase of 4.5%. This confirms that demand for homes continues to be very strong despite increases in interest rates over recent months. Furthermore, in November, the monthly variation in the price of second-hand Continue Reading
Second Hand House Prices up 5.6% in 2022
The average price of second-hand housing in Spain reached 1,984 euros per square meter in December 2022. This figure represents an increase of 5.63% compared to the same month of 2021. Compared to September 2022, the increase was 1.14%. Half-yearly, the rise reached 2.99%. Compared to November 2022, the increase was 0.94%, since the average Continue Reading
Second-Hand Housing Price Increase in Q1
In the first three months of 2022, Spain has seen positive variations in the price of second-hand housing. The first quarter closed with a quarterly increase of 0.3%, and a year-on-year increase of 0.8%.This brings the average price of a second-hand home to 1,913 euros per square metre, according to data from Fotocasa. “Although the 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
Second-Hand Housing Prices Up
The average price of second-hand housing in Spain stood at 1,868 euros per square meter at the end of November. This represents a slight increase of just 0.78% when compared to October. When looking at the annual variation, the increase is 1.86%. “The price of second-hand housing is becoming more expensive, but is staying well Continue Reading
Housing Sales Increased in September
Property sales in Spain showed an annual increase of 5.4% in September, rising to 79,157 sales. Sales of housing reached 37,839 transactions. This shows a -1.1% reduction when compared to September 2019. However, on the monthly variation, home sales increased 20.5% when compared to August 2020, according to figures from the INE. 83.7% of the Continue Reading
Second-Hand House Prices Up in October
In October, the price of second-hand housing in Spain increased by 0.8% when compared to the previous year, and fell by 1.7% when compared to September. This puts the average price of second-hand housing at 1,859 euros p/m². This marks the eleventh monthly fall. The most recent positive monthly variation was seen in November 2019. Continue Reading
Housing Prices Up in Second Quarter
The price of housing in Spain didn’t go down as expected in the second quarter despite the corona virus lockdown. In fact, prices increased by 1.6% when compared to the previous quarter. Year-on-year the average price went down by 1.9%, but this was nothing like the change that some experts were predicting during the national Continue Reading
