Price of Housing Up 9.7% in July

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Price of Housing Up 9.7% in July

The price of second-hand housing in Spain increased by 0.2% in July, when compared to the previous month. When compared to the same month in 2022, the increase is 9.7%. This brings the average cost per square metre to €2,150 p/m². Notably, this increase is the seventh consecutive increase of more than 9% so far Continue Reading

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

Rental Prices in Spain Increase in April

The price of rental housing in Spain increased by 1.2% in April, when compared to the previous month. When compared to the same month in 2022, the increase was 7.3%. The average cost per square meter, per month, now stands at €11.69. “Although increases are no longer in double digits, the price of rental housing Continue Reading

Rental Prices Breaking Records

In Spain, the price of rental housing in April once again broke historical records, standing at €11.55/m² per month. This situation, which has been repeating itself since May 2022, has led the price not only to break records, but also to exceed the price recorded during the 2007 real estate bubble, by 14.1%, according to 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

Average Rent Increased 5.11% in 2022

The average cost of property to rent in Spain ended 2022 at 10.49 euros per square meter. This marks a monthly increase of 1.06%, a quarterly increase of 2.48% and an annual increase of 5.11%. The rise in rental costs seems to be unstoppable. According to Ferran Font, spokesman at pisos.com, “the pressure that this 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

Home Sales Up 7% in September

Used property saw a 10% increase in sales

The number of transferred properties registered in the property registers in the month of September reached 175,374, representing a fall of 2.1% compared to the same month of 2021. Looking only at the number of property sales, the number reached 102,987, an annual increase of 0.1%. Of the sales registered in September, 88.7% related to Continue Reading

Rental Cost Down, Sale Prices Up, in Q3

The average price of second-hand housing in Spain in the month of September 2022 was 1,962 euros per square meter. This figure represented a rise of 1.84% compared to June 2022. Year-on-year, the rise reached 6.02%. The rebound compared to August 2022 was 0.57%, since the average price last month was 1,951 euros per square Continue Reading