Here you will find news, views, events and information relating to real-estate in Spain.
The number of home sales in Spain decreased dramatically in August with a 21.1% fall when compared to August 2018. When compared to July 2019, the fall is 26.1%, according to data from the INE. This follows similar data announced by the notaries earlier this week that the housing market had collapsed in August. Figures Continue Reading
The number of new mortgages approved in March was 26,350. This represents a fall of 5.2%, when compared to the same month in the previous year. The average mortgage amount was 119,783 euros, an annual increase of 4.6%, according to the latest data from the INE. The total value of new mortgages on urban properties Continue Reading
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 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
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
Further to other data I have posted recently, the number of foreclosures has seen a significant fall in the first quarter of the year, adding to speculation that the property market recovery continues. The number of foreclosures on homes in Spain fell in Q1 by 31.2%, to stand at 6,118 actions, according to the latest Continue Reading
