Tue, 27 Feb 2024
Rental Costs Reach Historical High in January
The price of rental housing in Spain increased by 1% in January when compared to December 2023. When compared to the previous January, the increase was 5.1%. This brings the average price per square metre, per month to €11.78. This is the highest average rental cost since 2006. “The price of renting continues to rise Continue Reading Tue, 06 Feb 2024
Used House Prices Increase in January
The price of second-hand housing increased 7.5% in January, when compared to the same month in the previous year. This brings the average cost per square metre to 2,215 euros. When compared to December 2023, the monthly increase was just 0.6%. “House prices begin 2024 with robust growth, leaving behind the trend of moderation and Continue Reading Thu, 11 Jan 2024
Spanish Property 2023 Roundup
2023 was a game of two halves in terms of home sales in Spain. The first half of the year saw the cost of housing rise considerably. It even set a record year-on-year price increase in June at 10.8%, the largest increase over the last 17 years. This kind of increase was similar to the Continue Reading Fri, 22 Dec 2023
Home Sales Fell 11% in October
The total number of transferred properties registered in the property registries in the month of October was 167,771, which is 0.8% less than in the same month of 2022. In the case of purchases and sales of registered properties, the number of transfers is 88,530, showing an annual decrease of 6.4%, according to the latest Continue Reading Mon, 11 Dec 2023
Demand is Pushing Up Housing Prices
The latest price index data, posted by the INE, reflects an increase of 2.5% compared to the previous quarter and a year-on-year increase of 4.5%. This confirms that demand for homes continues to be very strong despite increases in interest rates over recent months. Furthermore, in November, the monthly variation in the price of second-hand Continue Reading Wed, 29 Nov 2023
Property Sales Slow Again in September
The total number of properties transferred in the property registers in Spain during the month of September was 153,247. This is 13.2% less than in the same month of 2022, according to data from the INE. In the case of property sales, the number was 82,778. This represents a decrease of 20.1% when compared to Continue Reading Thu, 09 Nov 2023
Home Sales in Spain Down in August
Property transfers in Spain saw a 7.3% fall in August, when compared to the same month of the previous year. The total number of properties transferred in the public registry was 166,982. For the number of sales of properties, the number was 93,917, which is 11.5% higher than in August 2022. Of those sales, 88.3% Continue Reading Fri, 20 Oct 2023
Rental Costs Fall in Third Quarter
The cost of rental housing in Spain, closed third quarter with a year-on-year increase of 7.6%. However, compared to the previous quarter, the cost is down 4%. These changes bring the average monthly cost of rental housing at €11.15 p/m². “Although at a quarterly level the price fell slightly, it must be put into context Continue Reading Mon, 09 Oct 2023
Rental Costs Down in August
In Spain, the price of renting a home fell by 2.2% in August, when compared to July. When compared to the same month in the previous year, prices have increased by 4.7%. The current average price of second-hand housing to rent in Spain is €11.34 p/m². This price drop is the fourth consecutive monthly fall. Continue Reading Fri, 22 Sep 2023