Real estate investment in Spain breaks record

In the first nine months of 2015 investments in Spanish real estate reached 10,800 million euros representing a 57% increase over the same period in the previous year, and 600 million more than in 2014. From January to September, 15 transactions of over 100 million euros were closed. Offices and shopping centers remain the most […]

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.

GDP eurozone shows growth in the fourth quarter of 2014

The GDP of the eurozone grew by 0.3% in the fourth quarter of 2014 upon the previous quarter, according to data published by Eurostat, the official statistics body of the European Union. Germany and Spain featured as growth leaders in the eurozone in the final quarter of 2014, with their GDPs growing by 0.7%.