Articles tagged as: canary islands

October 14th, 2014

Air passenger traffic in the first nine months of 2014 increased by 4.6%, to more than 153.2 million people, according to data released on Friday by the Spanish airports network, AENA. Also during September, the Adolfo Suárez Madrid-Barajas Airport again stood as the airport with more users after being beaten ...

Continue reading September Air Passenger Traffic Up 4.6%

October 8th, 2014

According to the latest statistics released by the Ministry of Development, the Spanish housing sector is showing definite signs of recovery. Their data shows that the private housing market moved 22,255.1 million euros in Spain in the first half of 2014, which is an increase of 31% compared to the ...

Continue reading Housing Sector Transaction Value up by 31% YoY

October 6th, 2014

According to the latest data from online holiday rental specialists, HomeAway, Inc., tourists from the main European source markets for Spain increased their demand for holiday rental accommodation by 14% during the summer. This is the result of their analysis of data collected in Germany, France, Italy, Portugal and the ...

Continue reading Holiday Rental Demand Up 14% in September

October 1st, 2014

According to the latest data published by the National Institute of Statistics on Friday, the number of new home mortgages increased for the second consecutive month in July. Specifically, during the seventh month of the year, a total of 18,107 home loans were signed, which is an increase of 28.8% ...

Continue reading Home Mortgages Rose by 28.8% Year-on-Year in July

September 30th, 2014

The Spanish Social Security system paid out in September a record high 8,053.8 million euros in contributory pensions, which is 3.1% more than in the same month of 2013, according to data released last week by the Ministry of Employment and Social Security. The average pension in Spain has risen to ...

Continue reading Pension Spending Reached Record 8.05 Billion Euros in September

September 24th, 2014

Spain received 45.4 million foreign tourists through to August, representing an increase of 7.3% over the same period last year, according to the latest Frontur tourist border movements survey released on Monday by the Ministry of Industry, Energy and Tourism. In fact, in the month of August the international tourist arrivals ...

Continue reading Spain Received Record 45.4 Million Foreign Tourists to August

September 18th, 2014

The average price of rental housing fell by 0.7% in August over the same month in 2013, according to the Consumer Price Index (CPI) published by the National Statistics Institute on Friday. The adjustment is, however, one tenth lower than that of July (-0.8%). With this latest reduction, rental prices have ...

Continue reading Home Rental Prices Accumulate 17 Months of Declines

September 17th, 2014

According to statistics released by the Spanish Ministry of Development last week, home values fell by 2.9% year-on-year in the second quarter of 2014, to a price per square metre of 1,459.3 euros. This is the lowest recorded reduction since 2008, and all indications are that the discounts are coming ...

Continue reading Government Statistics Show House Prices Still Falling

September 16th, 2014

Provisional data published by the National Statistics Institute on Thursday last week indicated that home sales in Spain rose by 10.7% in July, over the same month of 2013, to a total of 28,583 transactions, driven by a surge in the second hand market. The year-on-year increase in July is the ...

Continue reading Home Sales Increased by 10.7% in July Year-on-Year

September 15th, 2014

According to the latest monthly IMIE house price index prepared by the property appraisal company, Tinsa, the price adjustment in the housing market appears to be coming to an end, but has left behind a trail of declines which has led to home values in August 2014 being 41.8% cheaper ...

Continue reading Housing Now Costs 41.8% Less Than in 2007

September 12th, 2014

The formation of new corporations fell by 1.2% in July over the same month in 2013, to a total of 7,964 companies, marking four consecutive months of year-on-year declines, according to the latest data from the National Statistics Institute. The capital subscribed for the constitution of these companies incorporated in the ...

Continue reading Number of New Companies Created Down 1.2% in July

September 9th, 2014

The average price of resale property in Spain in August stood at 1,656 euros/m2 and registered a monthly increase of 1%, according to recent data from the real estate website, fotocasa.es. This is the second increase this year after the price of second hand housing registered a slight increase of ...

Continue reading August House Prices Record Biggest Monthly Rise in 8 years

September 1st, 2014

Spending by international tourists in Spain registered a new record through to the end of July, reaching 34,497 million euros, which represents an increase of 7% over the same period in 2013, according to figures from the latest Egatur tourism expenditure survey prepared for the Ministry of Industry, Energy and ...

Continue reading International Tourists Spent Record 34,497 Million Euros to July

August 21st, 2014

The price of hotels and other accommodation increased by 8.3% in July, compared to the 8.9% increase registered in the same month last year, according to the Consumer Price Index (CPI). The statistics, published by the National Statistics Institute, showed that in annual terms the price of hotels and other accommodation ...

Continue reading Hotel Prices Up 8.3% in July

August 20th, 2014

According to data released on Monday from the tourism studies section of the Ministry of Industry, Energy and Tourism, in the first seven months of the year the low cost airlines carried 18.3 million passengers, which represents an increase of 10% over the same period last year. In contrast, the traditional ...

Continue reading Low Cost Airlines Transported 18.3 Million Passengers to July