December 3rd, 2013
Continue reading Spain’s House Prices Record Lowest Decline in Three Years
November 29th, 2013
Continue reading October Sets New Record for Tourist Spending
November 26th, 2013
Continue reading Half of the Spanish Have Already Paid For Their Homes
November 25th, 2013
According to the 'Report on Foreign Real Estate Demand in Spain' prepared by Quick Telecom, a company specialising in digital real estate marketing and advertising, for the real estate portal Casaktua, the average housing type acquired by foreign buyers in Spain is a detached property, close to the coast, with ...
Continue reading Family Homes on the Coast Most Popular with Foreign Buyers
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 20th, 2013
The average price of rental housing in Spain fell by 0.5% in October compared with the same month of 2012, according to the latest figures published by the National Statistics Institute. Including the data for October, home rental prices have now accumulated seven consecutive months of declines. In addition, the latest ...
Continue reading Home Rental Prices Register Seven Consecutive Months of Declines
November 15th, 2013
According to the Spanish Real Estate Market Index (Imie) prepared by the real estate appraisers, Tinsa, houses in Spain became cheaper by 8.5% year-on-year in October – 7 points less than the September decline, which was 9.2%. In total, the accumulated depreciation of house prices since their maximum reached in ...
Continue reading Decline in House Prices Moderated to 8.5% in October
November 6th, 2013
According to the latest house price index published by real estate portal, idealista.com, the price of existing homes experienced a slight increase during the month of October, rising by 0.7% to stand at 1,768 euros per square metre. Year-on-year, the price of housing fell by 7.8% in the tenth month of ...
Continue reading Price of Used Housing Rose by 0.7% in October
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
October 24th, 2013
The Spanish real estate appraisal company, Sociedad de Tasación, has estimated that the market value of housing in Spain will fall to 1,160 euros per square metre by the end of 2013, which will represent a cumulative decline of 51.7% since its historical maximum registered in 2007, of 2,401 euros ...
Continue reading House Prices Will Close 2013 at Half of Pre-Crisis Levels
October 22nd, 2013
The average price of rental housing in Spain fell by 0.3% in September compared with the same month of 2012, according to the National Statistics Institute. With the September figure, rental prices have accumulated six consecutive months of declines and now stand six-tenths below the general CPI rate, at 0.3%. Month-on-month, ...
Continue reading Home Rental Prices Continue to Drop
October 21st, 2013
According to recent data published by the National Statistics Institute, home sales in Spain fell by 15.4% in August, year-on-year, after declining by "just" 5% in July, with the number of transactions in August amounting to a total of 23,552. Thus, home sales have accumulated four consecutive months of declines ...
Continue reading Home Sales Dropped by 15.4% in August