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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

Increase in Cost of Sale and Rental Housing

The average price of second-hand housing in Spain in the month of August 2022 was 1,951 euros per square meter. This represents a rise of 0.95% when compared to July. When we compare the figure to the same month last year, the change is +5.26%, up from 1,853 euros. “The residential market has experienced an Continue Reading

Significant Increase in Property Sales in April

In April, there were 173,396 property transfers recorded in the property registers, 1.3% fewer than in the same month of 2021. In the case of property sales, there were 94,876 registered in April, an annual increase of 6.3%, according to data released by the INE. 86.3% of the purchases registered in April correspond to urban Continue Reading

Big Increase in Home Sales in February

Big Increase in Home Sales in February

February 2022 saw a total of 198,895 properties transferred in the property registers. This is 11.4% more than in the same month of 2021. In the case of registered property sales, the number of transactions recorded is 108,299, representing an annual increase of 21.1%, according to data from the INE. 86.8% of the purchases registered Continue Reading

Second-Hand Housing Price Increase in Q1

Housing prices up 0.3% in Q1

In the first three months of 2022, Spain has seen positive variations in the price of second-hand housing. The first quarter closed with a quarterly increase of 0.3%, and a year-on-year increase of 0.8%.This brings the average price of a second-hand home to 1,913 euros per square metre, according to data from Fotocasa. “Although the Continue Reading

Year-on-Year House Price Increase in January

Year-on-year, house prices grew 1% in January

Second-hand house prices in Spain fell by -0.8% in January, when compared to the previous month. Year-on-year, the price increased by 1%, putting the average cost per square metre at 1,892 euros. This is the fifteenth consecutive year-on-year rise in house prices since November 2020. “The price of housing remains stable and starts 2022 with Continue Reading

Second-Hand House Prices Up 1.7% in 2021

Average property prices up for second year

The price of second-hand housing in Spain closed 2021 with an annual increase of 1.7%, with the average price in December at €1,907 p/m², according to data from Fotocasa. The annual increase in 2021 (1.7%) is the second consecutive increase following the fall seen in 2019 (-1.3%). “The price of second-hand housing remains very stable Continue Reading

Andalusia Housing Market at Pre-Pandemic Levels

Andalusia property has recovered well

The outbreak of the pandemic in March 2020 led to social changes at all levels: from consumer habits to work routines, through to the way we relate to others. The housing market was not immune to the effects of this dynamic and over the last 18 months the real estate market has registered important changes. Continue Reading

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