Articles tagged as: canary islands

December 16th, 2014

Home sales in Spain increased by 13.5% in the third quarter of the year, compared with the same period in 2013, accumulating a third consecutive quarter of positive results, according to the Ministry of Development’s data published in a press release last Thursday, the same day the National Statistics Institute ...

Continue reading Home Sales Up 13% in Q3

December 12th, 2014

A total of 7,983 new companies were created in Spain in October, according to the latest figures from the National Statistics Institute, which represents an increase of 2.9% over the same month of 2013, and two consecutive months of rises after five months of negative rates. The capital subscribed for the ...

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December 12th, 2014

According to real estate appraiser Tinsa’s General IMIE index, housing prices in Spain broke the tendency towards stabilisation they have been demonstrating in recent months, and stood at 1,316 points in November, which represents a year-on-year fall of 6.3%, more than two points over the 4.2% year-on-year decline registered in ...

Continue reading November House Prices Register Y-o-Y Decline of 6.3%

December 2nd, 2014

The average price of private housing in Spain stood at 1,455.8 euros/m2 in the third quarter of 2014, representing a year-on-year decrease of 2.6%. All regions registered price declines, according to data from the Ministry of Public Works, with the most pronounced being registered in Navarre (-7.5%), Extremadura (-5.5%) and ...

Continue reading House Prices Fell by 2.6% Y-o-Y in Q3

December 1st, 2014

The results of the latest Egatur tourist expenditure survey, released by the Ministry of Industry, Energy and Tourism last week, show that this year, in the ten month period from January to October, spending by international tourists visiting Spain registered a new record, increasing by 7% compared to the same ...

Continue reading International Tourists Spent Record 56,374 Million Euros to October

November 28th, 2014

The latest figures published by the National Statistics Institute show that the total number of overnight stays in Spanish hotel establishments in October amounted to 26.2 million, driven by both domestic and foreign tourism, and represented an increase of 5.1% compared to the same month in 2013. In contrast, the average ...

Continue reading Hotel Overnight Stays Up 5.1% in October

November 25th, 2014

The Ministry of Industry, Energy and Tourism reported this week that, according to data collected by their tourism studies department, in the first ten months of this year the low cost airlines transported a total of 28.9 million passengers, which represents an increase of 10.3% over the same period of ...

Continue reading Budget Airlines Carried 29 Million Passengers to October

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 ...

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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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