Articles tagged as: canary islands

May 15th, 2015

The constitution of new companies in Spain grew by 4% year-on-year in March, reaching a total of 9,903 companies. According to the National Statistics Institute data, this is the highest figure since April 2008. One out of every five of the companies created were in Madrid and nearly half of ...

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May 5th, 2015

Real estate appraisal company, Tinsa, reported yesterday that average housing prices in Spain registered a year-on-year decline of 1.7% in April, compared with the decline of 2.8% registered the previous month, and have accumulated a decline of 41.2% since their maximum values reached in December 2007, before the start of ...

Continue reading Decline in House Prices Moderates to 1.7% in April

April 28th, 2015

In the first quarter of the year, unemployment fell in eight of Spain’s regions, and in the autonomous city of Ceuta, and rose in the remaining nine regions and in Melilla, according to data from the latest Economically Active Population Survey published last week by the National Statistics Institute. Overall, ...

Continue reading Employment Increases in Construction and Industry

April 17th, 2015

Real estate appraisal company, Tinsa, reported earlier this week that average house prices in Spain registered a decline of 2.8% year-on-year in March, compared with a decline of 3.6% registered the previous month, and has now accumulated a decline of 41.4% since the maximum values reached in December 2007, before ...

Continue reading Average House Prices Have Fallen by 41.4% Since 2007

April 3rd, 2015

According to bookings made by users of the online reservations portal, Atrápalo, Spaniards are allocating an average of 534.67 euros on travel this Easter holiday week, between domestic and international destinations, with the most popular European destinations being Rome, London and Paris.Travellers are divided between those who choose international destinations ...

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March 27th, 2015

According to official data published by the State public employment services for the months of January between 2010 and 2015, collated by human resources company, Randstad, the volume of workers in Spain who are actively seeking alternative employment has grown for the first time in six years.At the moment, the ...

Continue reading Number of Working Jobseekers Increases First Time Since 2010

March 11th, 2015

Data published on Friday by the Spanish National Statistics Institute show that the Property Registers recorded a total of 33,416 home sales transactions in January, which represents an increase of 9.6%, compared to the same month in 2014, and also five consecutive months of increases.This fifth consecutive year-on-year rise is ...

Continue reading Home Sales in Spain Increased by 9.6% in January

March 3rd, 2015

Data from the latest Egatur tourist expenditure survey, released by the Ministry of Industry, Energy and Tourism, show that international tourists’ expenditure in Spain in January registered the highest figure in the comparable series for that month, reaching 3,402 million euros and a year-on-year increase of 9.5%.The result was due ...

Continue reading International Tourists Spent Record 3,402 Million Euros in January

March 3rd, 2015

According to a report released last week by the Spanish Government’s Ministry of Public Works, the average price of private housing in Spain rose by 0.5% in the last quarter of 2014, representing its first quarterly increase since the start of 2008, the year the crisis began, bringing the average ...

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February 26th, 2015

Spanish hotel establishments recorded a total of 13.3 million overnight stays in January, and registered an increase of 4.2% over the same month of 2014, driven by both domestic and international tourism, according to figures published this week by the Spanish National Statistics Institute.In contrast, the average length of stay ...

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February 25th, 2015

Spain’s tourism figures for the first month of 2015 were the best recorded for a month of January in the whole of the comparable historical series. According to data from the Frontur tourist border movements survey for January, prepared by the Ministry of Industry, Energy and Tourism, the number of ...

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February 19th, 2015

According to the ‘Equal Work, Equal Pay’ report, prepared by the Spanish General Union of Workers (UGT), the wage gap between the sexes increased and reached 23.93% in 2012, bringing it back to 2002 levels in comparison to Europe, and the highest rate in the past five years.Female workers earned ...

Continue reading Wage Gap Between Men and Women at 2002 Levels

February 16th, 2015

Through its network of offices and via Haya Real Estate, the real estate portal responsible for marketing the property of the financial institution, Bankia is offering over 3,500 homes for sale throughout Spain, with discounts as high as 50%. 80% of these homes have prices under 80,000 euros, and the ...

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February 13th, 2015

The Tinsa IMIE General and Large Markets Index for January, published this week, shows that in January this year the average price of finished housing (new and used) stood at 2.7% below the level of January 2014. This is the first time since June 2008 that the General Index has ...

Continue reading House Prices Fell by 2.7% Y-o-Y in January

February 10th, 2015

The average price of second hand housing in Spain stood at 1,629 euros/m2 in January, and registered a month-on-month decline of -0.2% compared with December, according to data from property portal, fotocasa.es. In year-on-year terms, prices recorded a fall of -6.1% in January, which is more moderate than the decline ...

Continue reading Resale Housing Prices Fell by -0.2% in January