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Tag Archives: increase

Rental Costs Dip Slightly in July

Rental Costs Dip Slightly in July

The average price of renting a house in Spain fell by 1% in July, to stand at an average cost per square metre of 8.37 euros per month. On a monthly basis, the variation showed a small increase in only Madrid (+1.4%) and Murcia (+0.9%), according to data from fotocasa. The current average price returns Continue Reading

Used Property Prices Increased 1.6% in July

Average used property price is 1,690 euros/m²

The price of used property in Spain registered an increase of 1.6% in July, to stand at an average of 1,690 euros/m², according to the latest figures from idealista. If we look at the data from last year the interannual increase is 9.3%. Autonomous Communities Of all the communities, only Galicia saw a fall in Continue Reading

Mortgage Approvals Increased in May

3,647.8 million euros borrowd in May

There were more than 31,000 new mortgage approvals for home purchases in May, 7.3% more than in May 2017. The average amount of those new loans was 117,044 euros, representing an increase of 2.8%. The total capital borrowed for housing, in May, was 3,647.8 million euros, an annual increase of 10.3%, according to the latest Continue Reading

Used Housing Prices Increased in June

Prices fell in eight communities in June

The price of second-hand housing in Spain registered an increase of 1.1% during June, bringing the average per square metre to 1,664 euros. When compared to the same month in 2017 (1,554 euros), the year-on-year increase is 7.1%, according to the latest data from idealista. Autonomous Communities Prices fell in eight communities in June. The Continue Reading

Home Sales Increase 4.7% in May

Sales of new homes increased by 9.2%

The number of transferred properties written in the property registers (from public deeds) in the month of May is 183,748, which represents a 9.8% increase over the same month of 2017. Of the total transfers, 93,366 were property sales, representing an annual increase of 4.1%, according to the latest figures from the INE. Nicolas de Continue Reading

Used House Prices Up 2.7% in Second Quarter

Compared to Q2 2017, the increase is 7%

Second-hand house prices in Spain increased 2.7% during the second quarter of 2018. This rise puts the average cost of a square metre at 1,644 euros, according to the latest figures from idealista. Looking at the annual variation, the increase is 7%. Madrid, Barcelona and the Islands lead the ranking. “The recovery of the economy Continue Reading

Number of New Mortgages Increased in April

New mortgages up 34.2% in April

There were 27,724 new mortgages for home purchases in April, 34.2% more than in the same month of the previous year. The average amount of the new mortgages was 123,256 euros, according to the latest figures from the INE. The average amount showed an increase of 9.1%. when compared to April 2017. Compared to the Continue Reading

Second-Hand House Prices Up in May

Used House Prices up 0.8% in May

Second-hand house prices in Spain increased in May with a 0.8% increase over April. This brings the average price per square metre to 1,645 euros, according to the latest price index from idealista. When comparing to the previous year, when the average price was 1,526, the year-on-year increase is 7.8%. Autonomous Communities Prices fell in Continue Reading

Used Property Prices Up in May

A square metre in Barcelona now over €4,000

According to the latest figures from pisos.com, average property prices of used housing in Spain increased in May by 1.08%, when compared to April. The average price now stands at 1,589 euros per square metre. In April the average price was 1,572 euros. With respect to May in the previous year, the increase is 3.05%, Continue Reading

Costa del Sol Q4 Home Sales 2004-2017 Year End

The final 2017 figures are in and they show that it was a great year for home sales in some areas and not so great for others. This article follows on from one I wrote following the release of the Q1 figures, which you can find here. Firstly, here are the home sales figures for Continue Reading