Housing prices in new buildings of Madrid and Barcelona increased by 4%

According to the report of ST Sociedad de Tasación, over the last year the average price of housing in new buildings in Madrid and Barcelona increased by 4%. Higher prices recorded in these cities due to the lack of new buildings offerings. The report suggests that in the near future Madrid and Barcelona will be the starting point […]

New data on residential property mortgage agreements

According to data published by the National Statistics Institute, in January 2015, 20,913 mortgage agreements were entered into in Spain for residential property, which is almost 20% higher than the same period in January 2014. The National Statistics Institute has also stated in its press release that the average amount of mortgage credit for buying […]

Period of falling house prices in Spain has come to an end

According to the press release of credit rating agency Fitch Ratings, the latest data for the housing sector in Spain shows that the long period of falling house prices is coming to an end, which Fitch considers is related to an increased lending. Fitch anticipates growth in the Spanish economy in 2015 – 2016, which will in turn […]

Increase of housing contracts in Spain in 2014

According to the data from the Spanish General Council of Notaries, as published on the organization’s site, the number of housing contracts grew by 19.1% in 2014 upon the previous year. The average price per square metre was 1251 euros.