Articles tagged as: house prices

April 22nd, 2014

The evolution of the average price of resale property in Spain has significantly changed from 2013, according to a recent report from fotocasa.es. Last year they registered double-digit year-on-year declines, and specifically in June 2013 recorded the largest year-on-year drop in their comparable real estate index (-11.8%). However, the first ...

Continue reading Spain House Prices Fell by -1.1% in First Quarter

April 16th, 2014

In the fourth quarter of 2013, the price of housing in the eurozone experienced a decrease of 1.4% over the same period of 2012, according to the harmonised index data published by Eurostat, which places Cyprus and Spain as the countries where prices fell most, with declines of 9.4% and ...

Continue reading Cyprus and Spain Lead Eurozone House Price Decline

April 11th, 2014

The Spanish Real Estate Market Index (IMIE) used by the real estate appraiser, Tinsa, to analyse housing prices in Spain, registered a year-on-year decline of 5.5% in March. According to their data, the descent moderated in the third month of the year placing the index at 1376 points, a value ...

Continue reading Tinsa Estimates House Prices Fell by 5.5% in March

April 9th, 2014

The average house price in Spain fell by 6.3% during the first quarter of 2014, compared to the same period in 2013, to stand at 1,270 euros per square metre, according to the Sociedad de Tasación. Thus, the price of homes, both new and used, have accumulated a decline of 47.1% ...

Continue reading House Prices Have Fallen by 47% Since 2007

March 26th, 2014

Spanish real estate network Look and Find said in a statement that: "the number of people who are of the opinion that it's a good time to buy a home, after the price declines that have taken place over recent years, is continuing to grow, little by little". El Mundo ...

Continue reading Good Time to Buy a Home, Say 39% in Online Survey

March 14th, 2014

The average price of a home in Spain registered a year-on-year decline of 7.6% in February, compared with a fall of 7.2% the previous month, and has now accumulated a decline of 40.5% since the maximum values reached in December 2007, before the crisis. Thus, according to a report published this ...

Continue reading House Prices Down 7.6% Year-On-Year in February

March 4th, 2014

The price of private housing fell by 4.2% at the close of 2013, a drop that, despite being moderate with respect to the previous two years, represents the sixth consecutive annual decline. Compared to the previous quarter, the average price of housing in the fourth quarter fell by 1.9%. El Confidencial ...

Continue reading House Prices Down 4.2% at Close of 2013

February 24th, 2014

According to BBVA Research, the decline in home sales will begin to slow this year and start recovering in 2015. The bank’s research service estimates that housing investment will rise by 5% in 2015, when it will resume a positive trend after accumulating seven consecutive years of declines. This is stated ...

Continue reading Housing Investment Predicted to Recover Next Year

February 13th, 2014

The average price of a home registered a fall of 7.2% in January, according to a report published this week by real estate valuation and appraisal company, Tinsa. This percentage is two points lower than the decline in prices recorded in December (-9.2%). Since the maximum prices reached in December ...

Continue reading Fall in House Prices Moderates in January

February 6th, 2014

The average price of second-hand housing registered an increase of 0.2% in January over December, and stood at 1,734 euros per square metre, although year-on-year prices registered a decrease of 8.3%, according to the property website, fotocasa.es. Apart from the isolated increase in house prices experienced in July 2013 (+0.7%), they ...

Continue reading Second-Hand House Prices Up 0.2% in January

January 31st, 2014

In their latest report, the real estate valuation and appraisals company, Tinsa, have noted a slight improvement in lending conditions in Spain, which could lead to a progressive reduction of the housing stock until its complete liquidation during 2017 and, in parallel, a revival in the construction of homes from ...

Continue reading Housing Stock Will be Cleared by 2017, say Tinsa

January 29th, 2014

64% of European investors expect that the prices of homes situated in prime areas of Spain will increase during 2014, while 38% believe that this trend will also be observed in the secondary segments. At the same time, 92% of these investors predict that the price declines will persist in ...

Continue reading European Investors Expect House Price Increases in ‘Prime’ Areas in 2014

January 27th, 2014

According to the latest quarterly forecast published by ratings agency, Standard and Poor's (S & P), housing prices in Spain are still overvalued and the price adjustment will continue this year, with a further drop of 2%, before stabilising in 2015. In a report on the European property market, the ratings ...

Continue reading S & P Predict House Prices Will Fall Further 2% in 2014

January 24th, 2014

According to data published by the EU's statistical office, Eurostat, the price of housing in Spain recorded an increase of 0.8% in the third quarter of 2013 over the previous three months, when it had fallen by eight tenths, which is the first upturn in this indicator since the second ...

Continue reading House Price Rise in Q3 First Since Mid-2010

January 23rd, 2014

According to a recent report by the General Council of Notaries, the number of homes sold in November 2013 fell by 22.2% year-on-year, to a total of 26,574 transactions. The agency stated that this reduction is due to the increase in housing transactions which took place in the same month ...

Continue reading Notaries Report 22.2% Drop in Home Sales in November