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Tag Archives: prices

Luxury Property Price Growth Slows

luxury property price growth slows

The average price of luxury housing in Spain increased by 3% year-on-year in 2018, according to a report from property portal idealista. The average price reached 6,800 euros per square metre at the end of the year. Although it increased, it did so more moderately than we’ve seen over the previous two years. In 2017 Continue Reading

Second-Hand Housing Prices Up Slightly in January

Second-Hand Housing Prices Up Slightly in January

Second-hand housing in Spain finished January with an average price of 1,703 euros per square metre. This is 1.84% higher than the price in December. Looking at the year-on-year price, January saw an increase of 8.11% when compared to January 2018, when the price stood at 1,575 euros per square metre. Prices have once again Continue Reading

Rental Price Growth Slowed in 2018

Rental prices fell by 0.6% in Q4

The price increases of rental housing slowed in 2018 and ended the year with an interannual increase of 9.3%. Compare this to growth of 18.4% in 2017. This leaves the average square metre at 10.6 euros per month. The slowdown was caused in part by a fall in prices during Q4 when the average cost Continue Reading

Housing Finished 2018 With a Price Increase

December saw prices increase 20.73% in Madrid

The number of purchases/sales of homes in Spain reached 47,254 in November, according to the General Council of Notaries. This represents an annual decrease of 3.6%. The sale of flats showed a significant annual fall dropping 6.5% year-on-year. This was due to falls in sales of both new property (-7.1%) and also second-hand properties (-5.5%). Continue Reading

Luxury Property Prices up 2% in 2018

Luxury Property Prices up 2% in 2018

Luxury housing (over 500,000 euros) has continued to rise in price throughout 2018 but has slowed down registering only a 2% year-on-year increase. The average price of luxury property now stands at 6,800 euros/m², up from 6,600 euros/m² registered at the end of 2017. The largest increases occurred in the cities of Madrid, San Sebastian Continue Reading

Second-Hand Housing Prices Up in November

House prices up in November

The average price of second-hand housing in Spain increased by 0.7% in November, when compared to the previous month. This brings the average price per square metre to €1,861, according to data from fotocasa. Other than from April to May, all monthly increases throughout 2018 have been between 0.3 and 0.9%. Looking at the year-on-year Continue Reading

Cost of Renting Increased Again in August

Cost of Renting Increased Again in August

The average price of rental housing in Spain increased in October by 1.4% to stand at 8.22 euros per square metre, according to figures from fotocasa. Year-on-year, the increase in the cost of renting a home in Spain increased by 2.7%. This increase continues the upward trend we have seen over the last 44 months, Continue Reading

Used Property Prices Maintain Growth

Used Property Prices Maintain Growth

Average property prices of second-hand housing in Spain in October 2018 reached 1,656 euros per square metre. This represents a small monthly increase of 0.21%, when compared to September. Looking at the annual variation, the increase is 6.03% over the price seen in October 2017 (1,562 euros/m²). “Everything points to prices maintaining their upward trend,” Continue Reading

Used-Property Prices up 2.9% During Summer

Madrid is the most expensive for used property

Used-property prices in Spain increased by 2.9% during the third quarter of 2018. This rise leaves an average square metre at 1,712 euros, according to the latest idealista price index. Looking at the annual variation, the increase is 7.7%. Fernando Encinar, head of idealista studies, says “the data corroborates the opinions that normalisation is happening Continue Reading

Property Sees Ups and Downs in July

Property Sees Ups and Downs in July

July has given with one hand and taken with the other, as far as the property market is concerned. According to the General College of Notaries, the number of property sales and the number of new mortgages increased, while the average price decreased. In July, over 52,000 home purchases were recorded (52,014). This represents a Continue Reading