The Spanish housing market (new and used property) remained stable in October. The IMIE House Price Index, from Tinsa, was unchanged since October 2015 standing at 1,379 points. Over the first ten months of the year the average price in Spain has increased only 2.2% Of the groups Tinsa evaluates only “Capitals and Major Cities” Continue Reading
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Tag Archives: property
Property Prices Fell in October
Resale property prices in Spain fell by 1.3% in October to stand at an average of 1,513 euros p/m². When compared to October 2015 the variation is higher at -4.2%, according to the latest price index from idealista. Autonomous Communities The average price of used housing increased in only 2 of the 17 autonomous communities. Continue Reading
Average Rental Costs Fell in Q3
The average price of rental housing in Spain fell by 2% in the third quarter. This places the average price per square metre at 7.26€ p/month according to the latest data from fotocasa. These figures from fotocasa are similar to those provided by idealista earlier this month. This quarterly fall is the sharpest decline since Continue Reading
Rental Property Prices Fell in Q3
The price of rental property in Spain has fallen by 3% during the third quarter, when compared to the previous quarter. When compared to the same period in 2015 the price has increased by 10.7%, according to data from idealista. Fernando Encinar from idealista Research said that the latest data highlights the direction taken by Continue Reading
Home Sales Up 20% in August
The number of properties sold in August increased when compared to August 2015. This is according to the latest data from the National Statistics Institute. It further confirms the recovery of the real-estate market in Spain. The total number of properties sold in August was 69,409, representing annual growth of 13.8%. Of those, 87.1% related Continue Reading
Property Prices Up in Third Quarter
At the close of the third quarter of the year Catalonia, Madrid and the Canary Islands are highlighted as areas where the recovery in property prices is more consolidated, according to the latest House Price Index from Tinsa. There was a slight moderation in the pace of growth in Q3 with an average increase of Continue Reading
Foreigners Still Buying Property in Spain
Home purchases in Spain by foreign buyers continued to rise in the first half of 2016. From January to June almost 40,000 foreigners bought a home in Spain, 17.5% of the total property sales for that period. This is according to data released by property portal Idealista. The first quarter of 2016 saw foreigners by Continue Reading
Resale Property Prices Fell 0.1% in August
Resale property prices in Spain fell by 0.1% during August, compared to the previous month, to stand at an average of 1,529€ p/m². When compared to August in the previous year the fall is 3.1%, according to the latest house price index from idealista. Autonomous Communities The price of resale-property increased in 11 of the Continue Reading
Housing Prices Fell 0.5% in August
Housing prices in Spain fell by 0.5% in August, when compared to the previous year, to reach 1,322 points, according to the latest data from Tinsa. The index shows that the market has stabilised with a slight growth of 0.2% across the first eight months of 2016. The only increases were recorded in the “Mediterranean Continue Reading
Q2 HPI at 3.9% – Property Sales Down 3.6%
The annual variation of the Housing Price Index stood at 3.9% at the closing of the second quarter, a decrease of two and a half points. On new housing the annual rate is 8.4%, more than 2 points higher than in the previous quarter, according to the latest figures from the National Statistics Institute. For Continue Reading
