Archives for house prices

June 7th, 2011

The President of the Spanish Property Developers Association (APCE), José Manuel Galindo, has warned that the forecasts made by the General Director of the Department of Research for the Bank of Spain, José Luis Malo de Molina, who predicted a further 10% drop in house prices over the next two ...

Continue reading Developers Challenge Bank of Spain Over Property Predictions

May 10th, 2011

TINSA has a new Spanish house price report available today. You can download it here. The accompanying TINSA press release summarises this report as: The uncertainty in the market is causing a gradual decline in values. In April, the year-on-year decline in the IMIE General Index become stronger, falling by 4.4% compared ...

Continue reading TINSA May House Prices Report

April 21st, 2011

Spain has sold €3.4bn in long-term bonds in an auction attracting solid investor demand, helping to assuage fears that the eurozone’s fourth-largest economy is being dragged back into the crisis in the region’s periphery. The successful sale came after the level of interest investors demanded to hold Spanish debt jumped to ...

Continue reading Spain Eases Contagion Fears With Bond Sale

April 20th, 2011

It seems that the number of local bank managers who have authority to underwrite mortgages in their branches is declining rapidly (especially for non-residents). This means the majority of mortgages are now rubber- stamped by central credit committees, who can be very strict about having the correct documents. Getting a mortgage approved ...

Continue reading Spanish Mortgage Update

April 12th, 2011

TINSA has a new Spanish house price report available today. You can download it here. The accompanying TINSA press release summarises this report as: After the upturn at the beginning of the year, the first quarter ends with a slowdown in the fall of house prices. The decline in the General IMIE ...

Continue reading TINSA April House Prices Report

April 5th, 2011

With the first quarter of 2011 now behind us, we released the latest Spanish house price index. Our 52nd look at asking prices for Spanish property showed a decline in the national average. This decline was notable as the index has remained relatively stable over the past 3 years, despite the ...

Continue reading Insight Into Spanish House Prices

April 1st, 2011

Today we published our Q1 2011 Spanish house price index. It's free to download and summarises the asking prices of all properties advertised on Kyero.com. For quite a long while, the Kyero index showed that the average house price in Spain was actually increasing - we record asking prices - ...

Continue reading Sanity Returning to Spanish Property Prices?

March 18th, 2011

Spanish house prices fell for the twelfth straight quarter in the final three months of 2010, but came close to break-even as the property market struggles to emerge from an extended slump. In the October to December period prices fell 0.1 percent quarter on quarter, national statistics institute INE said on ...

Continue reading Spanish Property Prices Slip for 12th Straight Quarter

March 15th, 2011

In Spanish property news this week, 11,025 home owners in Axarquia have been told that an amendment to legalise their houses will soon become reality. The head of housing for the Andalusian regional government announced that a new decree would be put in place within 6 months. The Andalusian government’s decision joins ...

Continue reading Positive News for the Spanish Property Industry

March 8th, 2011

TINSA has a new Spanish house price report available today. You can download it here. The accompanying TINSA press release summarises this report as House prices barely change between January and February, softening the year-on-year variation. Following the strong correction at the start of the year, the General IMIE figures remained ...

Continue reading TINSA March House Prices Report

February 8th, 2011

TINSA has a new Spanish house price report available today. You can download it here. The accompanying TINSA press release summarises this report as The year starts with greater adjustment in house prices. The General IMIE index ended January at 1836, a clear reduction compared to the levels recorded during the ...

Continue reading TINSA February House Prices Report

January 11th, 2011

TINSA has a new Spanish house price report available today. You can download it here. The accompanying TINSA press release summarises this report as House prices fell by 3.9% in 2010 to the same levels as September 2005. The General index for December closed at 1872 points, slightly lower than the ...

Continue reading TINSA January House Prices Report

January 5th, 2011

The Kyero Spanish house price index has just been updated to reflect the most recent asking prices of every property advertised on Kyero.com. Download it by clicking the image below (1MB pdf). Properties where the freehold is not for sale are excluded. This excludes rentals, leasehold properties and fractional ownership properties. Properties ...

Continue reading Kyero Q4 2010 House Price Index Released

December 14th, 2010

TINSA has a new Spanish house price report available today. You can download it here. The accompanying TINSA press release summarises this report as The decline in house prices continues to slow in November. In November, the IMIE General index reached 1875 points, a year-on-year decrease of 3.6%, reflecting a slowdown ...

Continue reading TINSA December House Prices Report

November 23rd, 2010

Today we sent out issue 300 of Kyero's Property Pulse newsletter and a look back at over 6 years of writing about the Spanish Property Market. Kyero itself was launched in late 2003 at a time when Internet use was still in its infancy and searching for property, or property information, ...

Continue reading Six Years of Spanish Property News