Articles tagged as: spain economy

May 6th, 2015

In April, the number of people registered unemployed in Spain fell in all 17 regions, with the greatest decreases being recorded in Catalonia, where there were 18,681 less unemployed than in March, Andalucía (-14,425) and Madrid (-12,160).The number of unemployed people registered throughout Spain fell by 118,923, to a total ...

Continue reading Unemployment Down in April – Lead by Catalonia, Andalucía and Madrid

May 6th, 2015

The average price of second hand housing in Spain stood at 1,636 euros/m2 in April and registered a month-on-month increase of 1.1%, following seven consecutive months of declines, according to data from property portal, fotocasa.es, in collaboration with the IE Business School. Quarter-on-quarter, the average price of housing increased by ...

Continue reading Fifteen Regions Register House Price Rises in April

May 6th, 2015

Last year, according to the Familitur survey data released by the Ministry of Industry, Energy and Tourism, Spaniards travelled 2.8% less, with trips to international destinations increasing by 4.8% but those to national destinations dropping by 3.4%. The number of trips to Andalucía fell by -10.3% and those to Catalonia ...

Continue reading Spaniards Travelled 2.8% Less in 2014

May 6th, 2015

The 2015 Madrid International Real Estate Exhibition (Sima), to be held in the Feria de Madrid from 7th to 10th May, is set to surpass the figures of all the previous editions of the fair, both for the size of the exhibition area and for the number of exhibitors taking ...

Continue reading Great Expectations for Sima 2015

May 5th, 2015

Spanish families’ debt with financial institutions fell by 4% in March, compared to the same month in 2014, bringing the household debt total to 740,470 million euros, the lowest figure registered since August 2006.According to current data from the Bank of Spain, the decline in household debt was due largely ...

Continue reading Spanish Household Debt Falls to Lowest Level Since August 2006

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

May 4th, 2015

In March this year, the unemployment rate in the eurozone stood at 11.3%, which is stable compared with the previous month and four tenths less than in March 2014, when it stood at 11.7%, according to the latest data provided by Eurostat. At the same time, inflation remained stable in ...

Continue reading Eurozone Unemployment Stable at 11.3% in March

May 4th, 2015

A total of nine of Spain’s regions registered increases in the average price of second hand housing in April, according to the latest price index from Spanish property portal, idealista.com, while the remaining regions registered declines.The report points out that the average price per square metre closed April at the ...

Continue reading Resale Housing Prices Rise in April

May 1st, 2015

According to data from a report prepared by leading online holiday rental company, HomeAway, which forecasts the national demand for rental accommodation this May holiday weekend (between 30th April and 3rd/4th May), compared with the same holiday weekend in 2014 demand has increased by 31%.National destinations account for 79% of ...

Continue reading Rental Demand Rises for May Holiday Weekend

May 1st, 2015

The number of building licence applications for the construction of new housing in Spain grew by 48.2% in the two months to the end of February 2015, with 7,640 permits being issued, after registering their first upturn since 2006 at the end of last year which, according to data from ...

Continue reading Building Permits for New Homes up 48.2% to February

April 30th, 2015

The total population registered in Spain at 1st January 2015 was 46.6 million, representing a drop of 170,392 people over the previous year, according to the continuous municipal register statistics released by the National Statistics Institute. By nationality, 41.8 million of the total are Spanish and 4.7 million are foreign ...

Continue reading Spain’s Population Dropped by 170,392 People Last Year

April 30th, 2015

Data published by the Spanish National Statistics Institute this week, relating to housing transactions carried out in previous months, shows that the number of new mortgages contracted for home purchases grew by 29.2% during the second month of 2015, over the same period in 2014, reaching a total of 21,298 ...

Continue reading Home Loans Rose by 29.2% in February

April 29th, 2015

International tourists’ spending reached 10,754 million euros in the first three months of the year, representing an increase of 7% over the same period of 2014, according to data from the latest Egatur tourist expenditure survey released by the Ministry of Industry, Energy and Tourism.The average daily expenditure increased by ...

Continue reading Tourist Spending Rises 7% in the First Quarter

April 29th, 2015

Foreigners acquired 13% of the homes sold in Spain last year, recording the sixth consecutive annual increase since the 4.2% registered in 2009, according to the Association of Registrars’ statistics for 2014.By region, the greatest volume of home sales transactions by foreign buyers were registered in the Balearic Islands (32.6%), ...

Continue reading 13% of Homes Sold Last Year to Foreign Buyers

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