December 6th, 2013
Continue reading Depreciation on Spanish Foreclosed Homes Reached 63%
December 4th, 2013
Continue reading Home Mortgages Fell by 30.9% in September
November 29th, 2013
Continue reading October Sets New Record for Tourist Spending
November 28th, 2013
Continue reading Signs of Stabilisation in the Housing Market in Q3
November 26th, 2013
The latest statistics on real estate transactions, published by the Ministry of Development, reveal that home sales fell by only 6.8% during the third quarter of 2013 compared to the same period of 2012, to 70,196 transactions. This percentage seems quite encouraging considering that a year ago many were buying ...
Continue reading Home Sales Fell by 6.8% Between July and September
November 21st, 2013
According to a resolution of the Directorate General of Employment published this week in the Official State Bulletin (BOE), the labour calendar for 2014 includes a total of nine national holidays (fiestas) common to all regions, of which only three will be held during the week. Specifically, next year there ...
Continue reading 2014 Labour Calendar Includes Only One ‘Puente’
November 20th, 2013
The National Statistics Institute confirmed in their latest press release that the Consumer Price Index (CPI) increased by 0.4% in October compared to September, and cut four tenths off its annual rate, to -0.1%, registering its first negative rate in four years, since October 2009. With the October decrease, the ...
Continue reading Inflation falls by 0.4 points in October to -0.1%
November 14th, 2013
According to a report published this week by the National Statistics Institute, there were a total of 23,808 residential sales transactions registered in September, representing a decrease of 8.6% compared to the same month in 2012. However, month-on-month the number of transactions registered an increase of 1.1% over August, which ...
Continue reading Home Sales Down 8.6% in September
November 13th, 2013
The real estate portal Casaktua has put up for sale more than 600 homes with an average price of 55,000 euros, and with discounts of up to 50% on some properties. The homes in this campaign have an average price per square metre of 604 euros, which is less than half ...
Continue reading Casaktua Offers 600 Homes at Average Price of 55,000 Euros
November 7th, 2013
According to data analysed by fotocasa.es, the regions experiencing a recovery in home sales are those where the house prices are cheaper, with the falling prices encouraging buyers to purchase a home. This conclusion was drawn from the comparative analysis they conducted between the latest data from the Ministry of ...
Continue reading Home Buyers Encouraged by Falling Prices
November 5th, 2013
Spanish tourists made 122 million trips in the first nine months of the year, which is 4.2% less than in the same period of last year, according to data from the latest Familitur Tourist Movement survey from the Ministry of Industry, Energy and Tourism’s Institute of Tourism Studies. Declines were registered ...
Continue reading Spanish Tourists Travelled 4.2% Less to September
October 31st, 2013
According to figures published on Monday in the Egatur tourist expenditure survey, prepared by the Ministry of Industry, Energy and Tourism, international tourists’ spending reached 47,076 million euros in the first nine months of the year, representing an improvement of 7.3% over the same period in 2012. The average daily ...
Continue reading International Tourists’ Spending Up 7.3% to September
October 30th, 2013
According to the Labour Force Survey published on Thursday by the Spanish National Statistics Institute, unemployment fell by 72,800, and 39,500 new jobs were created in Spain during the third quarter of the year, when compared with the second quarter. These figures stand in sharp contrast to those recorded twelve months ...
Continue reading Unemployment Fell by 72,800 People in Q3
October 29th, 2013
According to the latest Frontur tourism survey prepared by the Institute of Tourism Studies for the Ministry of Industry, Energy and Tourism, between January and September 2013, Spain received 48.8 million international tourists, representing a growth of 4.6%. The Scandinavian countries and the United Kingdom contributed most to this new ...
Continue reading Spain Received 48.8 Million Tourists to September
October 29th, 2013
According to the latest IMIE Index prepared by real estate appraiser, Tinsa, the price of housing continues to decline, but to a lesser extent. During the third quarter of 2013, the annual adjustment amounted to -9.3% (more than one point lower than the decline registered in the second quarter, which ...
Continue reading House Prices Decline Moderates