Articles tagged as: house prices

September 2nd, 2014

Although the price of resale housing in Spain fell by 0.4% in August, compared with the previous month, to stand at 1,669 euros/m2, eight regions noted an appreciation in their house prices, led by La Rioja (+1%) and Catalonia (+0.8%), according to figures from the latest real estate price index ...

Continue reading Eight Regions Registered Property Price Rises in August

August 15th, 2014

The average house price in Spain fell by 4.4% in July 2014, compared to the same month in 2013, and has accumulated a decline of 40.3% since the maximum values reached in 2007 before the outbreak of the crisis, according to the property appraisal firm, Tinsa. The decline registered in the ...

Continue reading Housing Prices in Spain Down 4.4% in July Year-on-Year

July 30th, 2014

The collapse in house prices recorded in Spain in recent years could come to an end next year, when the real estate sector will experience a moderate recovery as a result of improving economic conditions and the growing interest of foreign investors, says the ratings agency Standard & Poor's, which ...

Continue reading S & P Predicts End of Falling House Prices in Spain for 2015

July 15th, 2014

According to Look & Find’s online survey on the 'perception of the economic situation and most profitable investment options', 66% of those who participated in the survey were of the view that the purchase of a home would be the most profitable investment option for their savings at the present ...

Continue reading Home Purchase Once Again Best Investment Option

July 10th, 2014

The Spanish real estate market is continuing to recover from the crisis and now appears to be on the right path. The average price overall of new and used housing stood at 1,328 euros per square metre at the end of the second quarter of 2014, representing an increase of ...

Continue reading Price of Housing Up 4.5% Quarter-on-Quarter

July 7th, 2014

The gap in house prices between the most and least expensive districts of Spain's largest cities has increased since the crisis began and the price differences in some cases have almost quadrupled. For example, according to a recent report prepared by property portal idealista.com, it would be 243% more expensive ...

Continue reading House Price Gap Widens Between Big City Neighbourhoods

July 4th, 2014

According to a report on the first half of 2014 published this week by the Sociedad de Tasación, the price of new housing in Spain fell by 4.8% last year, bringing the accumulated decline in market prices to 40% below their maximum values, i.e. to March 2002 levels. In the ...

Continue reading New Housing Prices at 2002 Levels

June 19th, 2014

Analysts at the Citigroup Research Service estimate that housing prices in Spain could still fall by an additional 5% to 10%, pointing to at least another year of declines before prices reach their minimum levels, and at the same time they rule out activity in the sector recovering in "the ...

Continue reading Citi Believes House Prices Will Fall by Further 5% to 10%

June 13th, 2014

Spain's largest property portals have forecast that there will be further falls in house prices in Spain in the coming months, but have estimated that they will be more moderate, and that some areas of the country will even register price increases. In various statements, analysts have responded to the fall in ...

Continue reading Property Portals Predict Moderate Drops in House Prices

June 10th, 2014

The global credit rating agency, Fitch Ratings, has predicted that the price of housing in Spain will finally bottom out at the beginning of 2015, in a real estate market marked by high rates of unemployment and difficulties in obtaining financing. The agency highlighted the fact that the Spanish economy is ...

Continue reading Fitch Forecasts House Prices Will Bottom Out Early Next Year

June 9th, 2014

According to recent figures published by property portal, fotocasa.es, developed in collaboration with the IESE business school, the average price of second-hand property in Spain stood at 1,699 €/m2 in May, and registered a drop of -0.7% compared to April. Year-on-year, prices registered a decline of -5.3% in May, which ...

Continue reading Second-Hand Property Prices Record Lowest Annual Drop in 3 Years

June 5th, 2014

Private housing prices are still depreciating, but at a much slower pace. According to statistics from the Ministry of Development, house prices fell by 3.8% in the first quarter of 2014, a negative percentage which confirms the moderation of price declines recorded in the market in recent months (-4.2% in ...

Continue reading House Price Declines Moderate

June 4th, 2014

For the occasion of the 16th edition of SIMA, the International Real Estate Exhibition which was held in Madrid last weekend, property portal fotocasa.es, prepared a study on the evolution of housing prices according to the size of the property. The analysis grouped the homes into four size categories: less ...

Continue reading Small Home Prices Have Dropped by 44% in Seven Years

May 29th, 2014

According to the latest study released by the Sociedad de Tasación, house prices have plummeted by 47.1% since the peaks reached in the "boom" years of the real estate sector, and stood at 1,270 euros per square metre at the end of the first quarter, although they expect a less ...

Continue reading Property Values Have Fallen by 47% Since 2007

May 23rd, 2014

This year's biggest property fair, SIMA 2014, will open its doors at Madrid’s trade fair park, IFEMA, on 29th May and run until 1st June. It will feature around 150 exhibitors, more than 400 housing promotions and a conference on the current situation in the real estate sector and the ...

Continue reading Madrid Gearing Up for SIMA 2014