Articles tagged as: canary islands

November 20th, 2014

According to an Economically Active Population Survey (EAPS) carried out by the National Statistics Institute entitled “Wage Decile of the Main Job”, the Spanish regions of Madrid, the Basque country and Navarre were those with the highest salaries in 2013, compared with the national average, which stood at 1,869 euros. Data ...

Continue reading Average Wage in Spain Stood at 1,869 Euros in 2013

November 19th, 2014

Following the publication on Thursday, of the National Statistics Institute’s latest Consumer Price Index results, El Mundo reported that the average price of rental housing in Spain fell by -0.7 percent in October, compared with the same month of 2013, thus accumulating 19 consecutive months of declines. The rate for ...

Continue reading Home Rental Prices Still Falling

November 14th, 2014

The number of new businesses formed in Spain in the ninth month of the year reached a total of 6,633, representing the best figure recorded in September since 2008, when 7,337 new entities were created. According to the Mercantile Companies Statistics published this week by the National Statistics Institute, the figure ...

Continue reading New Businesses Up 5.5% in September

November 14th, 2014

The price of housing in Spain is continuing to fall, according to the Tinsa General IMIE Index for October. This stood at 1,337 points, representing an annual decline of 4.2% and a return to price levels this indicator showed at the beginning of the summer of 2003. The pace of ...

Continue reading House Prices Fell by 4.2% in October Y-o-Y

November 11th, 2014

During the third quarter of the year, the number of families and companies filing for bankruptcy (insolvency and bankruptcy), due to their inability to meet their payments and debts, fell by 28.8% compared to the same period of 2013, to a total of 1,401 proceedings, representing its lowest level since ...

Continue reading Family and Business Bankruptcies Lowest in Four Years

November 10th, 2014

According to the IMIE Local Markets House Price Index for the third quarter of 2014, published last week by property appraisers, Tinsa, the average price of housing in Spain fell by 4.3% in the third quarter, compared to the same period in 2013, accumulating a decline of 40.3% since the ...

Continue reading House Prices Fell by 4.3% Y-o-Y in Q3

October 21st, 2014

The various organisations’ statistics on housing values in Spain continues to confuse as, over the last week, the Sociedad de Tasación, Tecnocasa or Eurostat have talked about either a stagnation in housing prices or even increases. However, according to the appraisal company Tinsa’s latest IMIE Index, the average price of ...

Continue reading House Prices Down 4.2% in September

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 ...

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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 ...

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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