• Adecco Expects 16% Increase in Job Contracts this Summer

    Leading global HR solutions group, Adecco, predicts a return this summer for the first time since 2008, to pre-crisis hiring levels, with more than 130,000 contracts, representing an increase of 16.6% compared with a year earlier. In the years before …

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  • Home Sales Increased by 5.3% in April

    The National Statistics Institute reported last week that the sale of homes in Spain rose by 5.3% in April, compared with the same month in 2013, to a total of 24,968 transactions. This is the second consecutive year-on-year increase following …

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  • Andalusia Third Spanish Region for Most Online Hotel Bookings

    Andalusia is the third region in Spain, after Madrid and Catalonia, with the most hotel reservations made via the Internet, with 28.3% of room bookings for the region being performed online, representing an increase of 2.4% over the previous year. …

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  • Number of Unemployed Fell by 111,916 in May

    Recorded unemployment in Spain fell by a total of 111,916 persons in May, over the previous month, putting the total number of unemployed registered with the Public Employment Services at 4,572,385. This is the best recorded unemployment figure in a …

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  • Second-Hand Property Prices Record Lowest Annual Drop in 3 Years

    According to recent figures published by property portal, fotocasa.es, developed in collaboration with the IESE business school, the average price of second-hand property in Spain stood at 1,699 €/m2 in May, and registered a drop of -0.7% compared to April. …

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  • House Price Declines Moderate

    Private housing prices are still depreciating, but at a much slower pace. According to statistics from the Ministry of Development, house prices fell by 3.8% in the first quarter of 2014, a negative percentage which confirms the moderation of price …

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  • New Home Mortgages Up 2% in March

    In March this year, the number of new mortgages granted on homes recorded in the property registers stood at a total of 16,625, which is 2% higher than the same month of 2013, according to data released on Wednesday by …

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  • Property Values Have Fallen by 47% Since 2007

    According to the latest study released by the Sociedad de Tasación, house prices have plummeted by 47.1% since the peaks reached in the “boom” years of the real estate sector, and stood at 1,270 euros per square metre at the …

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  • Spain Received 15.3 Million International Tourists Through to April

    According to the latest Frontur survey of tourist border movements published last week by the Ministry of Industry, Energy and Tourism, Spain received 15.3 million foreign tourists between January and April, which is 9.2% more than in the first quarter …

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  • 27,732 More Foreign Contributors to Spanish Social Security System in April

    The number of foreign citizens registered with the Spanish Social Security system stood at 1,563,621 in April. This figure represents an increase of 27,732 people (or 1.81%) and is the largest increase since May 2012 (when it rose by 1.19%). …

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  • Home Sales Increase by 22.8% in March

    The number of home sales rose by 22.8% in March compared with the same month in 2013, to a total of 27,047 transactions, the National Institute of Statistics reported this week. March’s year-on-year increase contrasts with the decline registered in …

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  • Business and Family Bankruptcies Down 29% in First Quarter

    The number of families and businesses that filed for bankruptcy due to not being able to meet their payments and debts totalled 2,090 during the first quarter of the year, which represents a decrease of 29% over the same period …

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  • Bankia Triples Real Estate Sales in First Quarter

    Bankia has tripled their number of properties sold in the first quarter of the year, reaching a total of 2,200 through to the end of March, compared with just 659 sold in the same period last year, reported El Mundo. …

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  • International Tourists’ Spending Reaches New Record in First Quarter

    According to the latest Egatur Tourism Expenditure Survey data released by the Ministry of Industry, Energy and Tourism, international tourists who travelled to Spain in the first quarter of the year set a new record after spending a total of …

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  • Home Mortgages Fell by 33% in February

    In February, the number of mortgages granted on homes recorded in the property registers stood at 16,420, which is a decrease of 33% over the same month in 2013, according to data released on Friday by the National Statistics Institute, …

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