• 2015 – Year of Change for Housing Sector

    According to various real estate experts and analysts, 2015 will be a good year for the real estate sector in Spain, especially the housing market. The predicted renewed demand for housing will be due to the stabilisation of prices, improved …

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  • Second Hand Housing Prices Fell by 7.93% in November Y-o-Y

    According to the monthly report on selling prices published by the real estate portal, www.pisos.com, second hand housing in Spain registered an average price of 1,569 euros per square metre in November 2014. Compared with the same month of last …

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  • First Building Permits Rise Since 2011

    The number of building licences authorised for residential new builds in Spain stood at 22,624 between January and July 2014, representing an increase of 1.3% compared to the same period in 2013 (22,316 permits), and the first increase in this …

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  • Housing Market Recovery Will Have to Wait, Say Notaries

    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 …

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  • Spain Registers 0.23% Increase in Housing Stock in 2013

    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 …

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  • Housing Market Again Stirs Up the Economy

    The economic engine of the private housing market moved 10,386.5 million euros in Spain in the first quarter of 2014, representing an increase of 55% compared with the same period last year (6,713 million), according to recent data published by …

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  • Decline in New Build Licences Moderates to 13.4%

    In the first quarter of the year a total of 8,818 applications were made for licences to build new homes, which represents a decrease of 13.4% over the same period of 2013 (10,191 units). Thus, the decline in these applications …

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  • Home Sales Up More Than 45% in the First Quarter

    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, …

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  • Home Purchases by Companies Quadrupled in 2013

    Companies accounted for 21.93% of all home purchase transactions made in 2013, which represents an increase of 429% over the 5.11% of transactions carried out in 2007, before the crisis. In contrast, home purchases made by private individuals dropped from …

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  • Private Housing Market Moves 38,016 Million Euros in 2013

    The Spanish Ministry of Development’s latest data reveals that the private housing market in Spain moved 38,016.5 million euros in 2013, which represents a decrease of 20.4% compared to 2012, when the amount moved was 47,782 million euros, and thus …

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  • Price of Used Housing has Decreased by 58.27% Since 2006

    According to the recent ‘XVIII Housing Market Report’ prepared by Tecnocasa and the Pompeu Fabra University (UPF), the price of second-hand homes continued to decline sharply in the second half of 2013. Specifically, the price of resale homes dropped by …

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  • Home Rental Prices Continued to Fall During 2013

    The housing market and the economic crisis are pushing many Spaniards towards opting to rent a home instead of buying it, but despite this surge in demand, rental prices continue the downward trend that began in 2008. In fact, according …

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  • The Number of Unsold Homes Fell by 6.9% in 2012

    The ‘stock’ of unsold new homes in Spain stood at 583,453 properties in 2012, which is 6.9% less than at the close of 2011, according to a recent report by the Ministry of Development. This is the third consecutive decline, …

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  • Almost Half the Spanish Believe Property Prices Will Stabilise Next Year

    The perception that the housing market is nearing the end of its adjustment is gaining popularity. According to the Consumer Confidence Indicator for November, prepared by the Centre for Sociological Research, 46.4% of those surveyed think that housing prices will …

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  • 6.3% of Landlords Lowered Rents in October

    The difficulties in the housing market have led to increasingly more homeowners deciding to reduce the price of their homes for rent in order to attract demand. In fact, El Economista reported that 6.3% of all the homes for rent …

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