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Tag Archives: property

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

Spanish House Prices Fall 0.2% in August

Property prices in Spain fell slightly in August

Second-hand house prices in Spain increased 0.7% year-on-year in August 2021. Compared to July, the price fell slightly with a -0.2% variation. This brings the price per square metre to 1,890 euros, according to data from fotocasa. This last value is the tenth (0.7%) year-on-year rise in house prices after 11 months of year-on-year drops 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

Property Market Recovery from Lockdown Continues

Sales continue to increase following pandemic slowdown

In May, there was 184,608 property transfers registered in the property registrars. This is 142.7% more than in the same month of 2020. Of course, in May 2020 the country was in lockdown and real estate transactions ceased. In the case of property sales, May saw 97,744 transactions, an annual increase of 144.9%, according 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

Cost of Renting in Spain Fell in May

Rental costs fell again in Many

In Spain, the price of rental housing increased by 0.2% on the monthly variation but fell by -4.5% when compared to the same month in 2020. This places the average price at €10.42 p/m² per month in May, according to data from the Fotocasa Real Estate Index. This last value (-4.5%) is the fourth decrease Continue Reading