The average price of rental housing in Spain fell by 2% in the third quarter. This places the average price per square metre at 7.26€ p/month according to the latest data from fotocasa. These figures from fotocasa are similar to those provided by idealista earlier this month. This quarterly fall is the sharpest decline since Continue Reading
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Tag Archives: year-on-year
Property Prices Up in Third Quarter
At the close of the third quarter of the year Catalonia, Madrid and the Canary Islands are highlighted as areas where the recovery in property prices is more consolidated, according to the latest House Price Index from Tinsa. There was a slight moderation in the pace of growth in Q3 with an average increase of Continue Reading
34% Increase in Mortgage Approvals in May
The number of mortgages granted for home purchases in May was 26,579, an increase of 34.1% over the same month in 2015. The average amount mortgaged was 126,394 euros, which is actually 2.6% lower than in the previous year, according to data released by the National Statistics Institute (INE). The total value of mortgages constituted Continue Reading
Property Sales Increased in February
According to the latest statistics released by the General Council of Notaries, the Spanish housing market continues to recover with a year-on-year increase of 22.9% in the number of housing transactions, bringing it to 34,268. Furthermore, the figures suggest that house prices showed a small increase of 0.6%, bringing the price of one square metre Continue Reading
