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Tag Archives: for sale

Home Sales Down Slightly in August

Property sales down 0.7% compared to July

The number of transferred properties registered in the property registers in the month of August is 175,824, which is 28.1% more than in the same month of 2020. In the case of registered property sales, the number of sales is 97,224, representing an annual increase of 41.8%, according to data from the INE. 87.7% of Continue Reading

Price of Second-Hand Housing Up in Q3

Second hand housing prices grew in Q3

At the end of the third quarter of the year, the price of second-hand housing in Spain stands at 1,892 euros/m². This represents a quarterly increase of 0.4% and a year-on-year rise of 2.5%. The quarterly increase (0.4%) is the first rise in this period after two years of declines which were caused primarily by Continue Reading

Property Market Back to Pre-Pandemic Levels

Sales in Andalucia back to pre lockdown levels

In June, there was 193,000 property transfers registered in the public register. This is 70.5% more than in the same month of 2020. In the case of property sales, the number of transactions reached 100,204, an annual increase of 82.5%, according to data from the INE. 84.9% of the sales registered in June corresponded to 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

Home Sales Up 32% in March

Homes sales in Andalucia increased 32.4%

The total number of property transfers registered in the property registers in the month of March was 200,774, which is 42.3% more than in the same month of 2020. In the case of registered property sales, the number of transfers is 99,410, representing an annual increase of 37.5%. 85.2% of the sales registered in March Continue Reading

Homes Sales Increased in February

Homes sales up 4.3% compared to January

In February, there was 178,240 properties transferred in the property registers, a fall of -8.6% when compared to February 2020. When compared to the previous month the variation is +16%, according to data from the INE. In the case of registered sales, there was 89,395, an annual decrease of just -2.5%. 86.0% of the sales Continue Reading

Home Sales and Mortgages Decline in February

New mortgages fell 12.8% compared to last year

Data provided by the College of Property Registrars on the home sales and of new mortgages registered during the month of February confirms the downward trend and the impact on the market of the coronavirus pandemic. After the bad start seen in January, with the biggest drop seen in mortgages (-30.4%) and the return to Continue Reading

Second-Hand House Prices Up in February

Spanish housing continues to bounce back

The price of second-hand housing in Spain increased by 0.5% in February placing the average cost per square metre at 1,883 euros. Year-on-year, the variation was +2.2%, the fourth year-on-year increase following 11 months of falls (from December 2019 to October 2020). “One of the most significant consequences that the confinement of 2020 has left Continue Reading

Used House Prices Down 30% in 15 Years

Spanish property prices are down 30% since 2005

The cumulative price of housing for sale has risen in Spain by 16% in the last 5 years, but has fallen by -17% in 10 years and by -30% in the last 15 years. This is according to a report from fotocasa which was based on the prices of housing for sale in December of Continue Reading