Second-Hand Property Prices Rise in Q2

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Second-Hand Property Prices Rise in Q2

During the first six months of 2023, second-hand property for sale in Spain has seen a year-on-year increase in price, closing the second quarter with a 10.8% change. The quarterly increase was 2.1%. This brings the average cost per square metre to 2,146 euros. “The increase in the price of second-hand housing at the year-on-year Continue Reading

Home Sales Slow While Prices Increase

The latest data from the INE shows that property sales in Spain fell by 8.1% in April, when compared to the previous year. 86.5% of those property sales correspond to urban properties, of which, 57.9% were sales of homes. The sales of all urban properties fell 8.2% while sales of rustic property also fell, dropping Continue Reading

Property Prices in Málaga Exceed 2007 Records

The city of Málaga has once again seen records broken in both the prices of property sales and rental markets. Málaga capital closed February with an average cost per square metre of €2,932, while in January, the average rental price reached €13.52 p/m². Both of those average prices exceed the highest prices seen in 2007 Continue Reading

Second Hand House Prices up 5.6% in 2022

Average property prices reached €1,984 in December

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

Increase in Cost of Sale and Rental Housing

The average price of second-hand housing in Spain in the month of August 2022 was 1,951 euros per square meter. This represents a rise of 0.95% when compared to July. When we compare the figure to the same month last year, the change is +5.26%, up from 1,853 euros. “The residential market has experienced an Continue Reading

Second-Hand Housing Price Increase in Q1

Housing prices up 0.3% 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

Price of Spanish Homes Fell in Second Quarter

Housing showed the first Q2 fall in four years

In Spain, the price of second-hand housing underwent a quarterly decrease of -0.7% in the second quarter of 2021 and a year-on-year increase of 0.5%. This places the average price at 1,883 euros p/m², according to data from Fotocasa. The quarterly decline (-0.7%) in property for sale is the first drop in this period after Continue Reading

Second-Hand House Prices Up in May

The Balearic Islands are the most expensive community

The average price of second-hand housing in Spain in May 2021 was 1,834 euros per square metre. This figure represented a rise of 0.88% compared to April, when the price per square metre was 1,818 euros. The rebound compared to May 2020 was 1.75%, since the average price a year ago stood at 1,802 euros Continue Reading

Price of Used Housing Increased in November

Madrid is most expensive community for housing

Used house prices in Spain increased by 1% when compared to the previous month to reach an average price of 1,877 euros p/m². The annual variation of +0.7% is the first monthly interannual increase following 11 months of year-on-year drops (since December 2019). “The market for housing for sale has been very dynamic and agile Continue Reading

Pandemic Affecting House Prices in Q3

Madrid is the most expensive community for housing

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