Articles tagged as: canary islands

June 30th, 2015

Spanish hotels recorded 28 million overnight stays in the month of May, which is 5% more than in the same month of 2014, according to recent data released by the National Statistics Institute. The year-on-year increase in hotel stays in May, the sixth consecutive rise, is due mainly to the 5.8% ...

Continue reading Overnight Hotel Stays Rose by 5% in May

June 25th, 2015

Spain has registered another new record for international tourist arrivals, receiving 22.5 million visitors between January and May, representing an increase of 5.1% over the same period in 2014, equivalent to 1.1 million additional tourists, according to the latest Frontur tourist border movements survey, released this week by the Ministry ...

Continue reading International Tourist Arrivals Rise by 5.1% Y-o-Y to May

June 16th, 2015

The average price of rental housing in Spain fell by 0.5% in May, compared with the same month of the previous year, according to the Consumer Price Index (CPI) published last week by the National Statistics Institute, while the general CPI closed the month at -0.2%. With the May figure, El ...

Continue reading Rental Housing Prices Still Falling

June 8th, 2015

According to the latest data from property portal, fotocasa.es, in collaboration with the IE Business School, the average price of second hand homes in Spain stood at 1,635 €/m2 in May, and registered a monthly decline of -0.1%. Quarter-on-quarter however, the price of housing increased by 0.5% in May, compared ...

Continue reading Spain’s Second Hand House Prices Fell by -0.1% in May

May 29th, 2015

The number of new mortgages constituted on homes listed in the property registers reached a total of 19,806 in March, which represents a 19.7% increase over the same month in 2014, according to data published by the National Statistics Institute earlier this week, relating to transactions carried out in previous ...

Continue reading Home Mortgages Rose 19.7% in March

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 ...

Continue reading Creation of New Companies Registers Highest Figure in Seven Years

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 ...

Continue reading Spaniards Will Spend an Average of 535 Euros this Easter

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 ...

Continue reading House Prices Register First Quarterly Increase Since 2008

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 ...

Continue reading Spanish Hotel Stays Increased by 4.2% in January