The price of finished housing (both new and used) accumulated a decline of 3% between December 2013 and December 2014, according to Tinsa’s General and Great Markets IMIE index. The fall is far lower than the one registered during the period of 2013, when average housing in Spain became a 9.2% cheaper. This is another piece of information that reveals that the real estate market is settling.

The price of the second-hand home in Spain has started the year off by experiencing a fall of 0.4% during the month of January. With this drop, prices are now situated at 1,726 euros/m2, according to the latest housing price index from idealista.com, the leading property portal in Spain.  If we look at figures from January 2013 (1,848 euros/m2), the drop between this year and last is 6.6%. Aut

According to facts from the College of Property Registrars, which calculates the price of homes according to the index obtained from sold homes in the same area of influence home prices could be experiencing their first rise in 5 years. So, in the third trimester of this year, houses returned to dropping their prices another 5.35%, which means that in aggregate terms, a depreciation of 31.07% h

Homes that were appraised in April have lost value by, on average, 10%, in comparison with April last year, a fall very similar to that of last month (10.7%). Nothing allows us to think that in the coming months they are going to be worth more. On the contrary.  According to the monthly index from the appraiser Tinsa, which evaluates the highest volume in Spain, certifies this.  From its heig

54,512.  The number speaks for itself. It reflects the scarce number of home sales closed during the first trimester of 2013, according to the Ministry of Public Works' Statistics on Housing Transactions, based on signatures given before a notary.  Never before in this official time period-which started in 2004-has the housing market fallen so low.  A collapse that could have been even worse if

The average price for new housing in the capitals of province has gone down a 6,9% in 2012, situating itself in 2,212 Euros per square metre, so an average flat of 90 square metres would have a price of 199.100 euros at the present moment, according to a report by the Property Valuation Society.   Since the value of new housing reached its highest point, in 2007, their price accumulates an

  The fall of housing prices drop in the month of July, going back down by 11.2%, opposite the 11.5% that the second quarter closed with, and this totals a descent of 31 since the maximum that was reached in December of 2007, according to the latest Tinsa report on local housing markets.   The majority of the territories followed this descending path, the most notable fall being that

Starting on January 1st, 2013, the VAT for new Spanish homes will rise from 10% from the current 4%. This is one of the new measures that the Government has adopted in order to increase revenue. Many basic products will have their VAT raised, as was begun in September 2012, but the Government has decided to keep the 4% VAT for Spanish properties this year, as scheduled.   The VAT is applie

We are currently witnessing the sharpest fall in Spanish house prices on record. According to the property prices index of leading Spanish company TINSA, house prices fell by 11.1% in 2012 May compared with 2011 May 2011, one point less than their April fall of 12.5%.   Now that the data for May is in, it’s clear that the fall in house prices since their 2007 high has increased by four te

  The drop in house prices in Spain will tend to pick up speed, the joint estate appraiser, Euroval, reports. (the statement had been released before the Spanish bailout was announced two days ago).   The study said that Spanish banks are managing their portfolios ‘more actively’ and that they have begun to sell adjudicated housing and mortgage loans.  This is expected to have an

According to the spanish property prices’ index of the leading company TINSA, property prices dropped in August 2011 by 6.8% compared with August 2010. The conclusion of TINSA is that the average drop since 2007 is 23.5%. TINSA states in its report that the average drop in property prices in the big cities is 25.6% since the price-peak of 2007 whereas, on the Mediterranean coast, the fall

By David Landford (property writer) According to the Spanish National Institute of Statistics, property transactions in February 2011 were 10.5% higher than February 2010. The number of transactions in February was 45,607 (50.2% second hand properties plus 49.2% brand new properties). It means than property transactions has increased two months in a row (January and February). This incr

In the course of the last two weeks, the national and international economic climate has put additional pressure on the reliability of the Spanish economy and on the need to drop property prices at a faster pace. These are the main points that we want to highlight: The European Central Bank increased the interest rate to 1.25%. The Euribor index is already above the 2% barrier and some experts

The last week delivered a few interesting figures and indicators regarding property transactions and property prices in Spain that are certainly helpful if you put them all together. Prices may fall a bit further in 2011, which could reactivate the market. 1. REGARDING PROPERTY TRANSACTIONS IN 2010. The INE (National Institute of Statistics) said that, in 2010, property transactions were made u

Demography is one of the driving factors of the property market in order to assess the needs of properties…and to be able to predict the market. In this article, we introduce some figures about demography forecast in Madrid and current prices in the Spanish capital that may help property investors. According to the Regional Statistics Institute in Madrid, the population in residential areas o

The property market crisis is forcing home owners in valencia spain to bring down the selling prices by 21.6%, according to the chairman of API Valencia (equivalent to Deanery of Real Estates Agents), the newspaper El Mundo published yesterday. Therefore, property prices in Valencia are back to 2004 levels, which could be an excellent opportunity for home buyers who want to take advantage of the c