As 2016 draws to a close we can all look back and reflect on the lessons learned, the choices made and the rewards earned from a turbulent year. As well as the usual ups and downs associated with the real-estate market there have been a few surprises to contend with this year. We had to Continue Reading
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Here you will find news, views, events and information relating to real-estate in Spain.
Tag Archives: sales
House Price Index Up 4% in Q3
The House Price Index for the third quarter of 2016, published this week by the National Institute of Statistics (INE), shows an annual increase of 4%. This highlights the “dynamism of the real estate market in much of the country”, according to Beatriz Toribio, head of research at fotocasa. This represents the tenth consecutive quarter Continue Reading
Housing Sales Increased in September
The total number of properties sold in Spain in September was 132,263, representing a slight decrease of -0.5% when compared to September in the previous year. The monthly variation was -1.7% when compared to August 2016. 86.4% of properties sold were urban, while the remaining 13.6% were rustic properties. In the case of urban properties, 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
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
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
Property Sales Increased in June
According to the latest data released by the National Institute of Statistics, there were 151,447 properties sold or transferred in June, 3.3% more than in the same month last year. Purchases and sales of housing increased by 19.4% when compared to June in the previous year. Of all the property sales recorded in June, 85.1% Continue Reading
Property Sales and Prices Increased in Q1
In the first quarter of this year almost all Spanish regions showed an increase in housing purchases, according to data released by the General Council of Notaries. There were increases in all regions except for Navarra and Aragon, and around 90% recorded double-digit increases. Catalonia and Asturias saw the largest increases in sales numbers with Continue Reading
Property Sales Up. Mortgage Approvals Up, Say Notaries
According to data released by the General Council of Notaries, houses in Spain have dropped in value by 5.1% between January and May of 2016, reaching an average cost of 1,261€ p/m². When comparing to the same period in 2015 the decline in prices is 1.6%. The property market slowed in May following two months Continue Reading
Property Sales Increased 9.6% in May
The total number of properties sold in May increased by 9.6% when compared to the same month in the previous year, to reach 150,827 transactions. When looking at only residential property the increase over the previous year is much higher at 23.6%, reaching 36,425 transactions, according to data released by the National Statistics Institute (INE). This Continue Reading
