Articles tagged as: Spain real estate

October 30th, 2014

The average value of home mortgages contracted in Spain in August this year reached 102,430 euros, which is an increase of 5.8% over the same month of 2013, while the capital loaned increased by 31% year-on-year, to a total of 1,540.5 million euros. According to the latest data published this week ...

Continue reading Home Mortgages Increased by Nearly 24% Y-o-Y in August

October 20th, 2014

The latest statistics released by the General Council of Notaries for August, based on actual transactions closed during that period, show a new surge in real estate activity in Spain, with the number of housing transactions carried out reaching a total of 17,045, which is an increase of 13.9% over ...

Continue reading Home Sales Up, Prices Down in August

September 19th, 2014

Data from the General Council of Notaries, which is for many the most reliable and closest to reality reference when it comes to the housing market in Spain, have again published negative figures for the month of July, both in the number of sales (-9.8%) as well as the prices ...

Continue reading Housing Market Recovery Will Have to Wait, Say Notaries

September 16th, 2014

Provisional data published by the National Statistics Institute on Thursday last week indicated that home sales in Spain rose by 10.7% in July, over the same month of 2013, to a total of 28,583 transactions, driven by a surge in the second hand market. The year-on-year increase in July is the ...

Continue reading Home Sales Increased by 10.7% in July Year-on-Year

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 27th, 2014

Although the number of companies in bankruptcy in Spain fell by 30% in the second quarter of this year, compared with last year, 25% were construction companies and, according to the National Statistics Institute’s data, the construction sector has led the bankruptcies in Spain since 2008. More than a quarter of ...

Continue reading Construction Sector Leader in Spain Bankruptcies Since 2008

August 12th, 2014

The National Statistics Institute reported last week that, in June, the sale of homes in Spain rose by 8.8%, compared with the same month of 2013, reaching a total of 26,076 transactions, mainly thanks to the impetus of the second hand market. The year-on-year increase in June is the fourth consecutive ...

Continue reading Home Sales in Spain Increased by 8.8% in June

July 28th, 2014

Around half a million new homes per year were added to the official housing statistics from 2001 to 2009, but since 2010 the increase in new homes has moderated every year and, according to recent data released by the Ministry of Development, the total housing stock in Spain stood at ...

Continue reading Spain Registers 0.23% Increase in Housing Stock in 2013

June 25th, 2014

According to the Notaries’ Statistical Information Centre, in the first quarter of this year, foreigners bought 15,402 homes in Spain, which is an increase of 27.2% over the same period last year, and represents 19.4% of all the properties sold in those months. With these figures, the notaries certify that foreign ...

Continue reading Foreigners Bought 19.4% of Homes Sold in Spain in Q1

June 18th, 2014

The Spanish Government website, La Moncloa, reported last week that, according to the statistics on residential property transactions made before a notary, the latest results show that in the first quarter of 2014, 81,358 homes were sold in Spain, representing the most transactions in a first quarter since 2010. This figure ...

Continue reading 81,358 Homes Sold Between January and March 2014

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 12th, 2014

According to the latest data from the Ministry of Development, between January and March, the construction of 12,750 houses were completed in Spain, representing a decline of 20.6% compared to the same period in 2013 (16,051), and maintaining the negative trend observed in the last six years. Of the total homes ...

Continue reading Number of Completed New Homes Fell by 20.6% in Q1

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

May 21st, 2014

Housing sales statistics are showing signs of recovery, after consecutive quarters of declines. According to the General Association of Notaries, property transactions rose by 45.4% during the first quarter of the year, compared with the same period last year. This, in turn, is driving up housing prices which, to March, ...

Continue reading Home Sales Up More Than 45% in the First Quarter

May 16th, 2014

The sale of homes in Spain increased by 14.4% during the first quarter of the year, compared to the last quarter of 2013, to a total of 83,022 transactions, the highest quarterly figure in the last twelve months. This has pushed prices up by 0.84% compared to the October to ...

Continue reading Home Sales Grew by 14.4% to March