By the end of the year residential property constructions in Spain will be up by 15% annually, according to Antonio Aguilar, the head of the Housing department of the Ministry of Development.
There will be a total of 75,000 new homes built this year, which is 50% more than in 2015. The increase indicates that the Spanish property market recovery is gaining momentum and confidence among buyers and investors has returned. Read more »
The number of residential property sales across Spain rises for the eighth time this year.
Spanish property sales figures reached 38,610 in September, representing an 11% rise compared with the same month last year, according to new data published this week. Read more »
Nearly all of Spain’s 17 regions recorded a fall in unemployment levels in the third quarter (Q3) of the year.
The number of people unemployed in Spain dropped by 4.66% in Q3 to 3,731,700, according to the governments Active Population Survey (EPA). Read more »
The Spanish residential property market continues to grow with sales rising by 17% in August to reach 27,301, according to figures published by the Spanish notaries.
Property sales have now risen every month so far this year (up until August which is the latest month we have available data for). High demand is spurring on the property market recovery with particular interest rising in resale and low budget properties. Read more »
Spanish house price rises registered by the Ministry of Fomento are slightly less optimistic than forecasts made by a number of leading Spanish banks, but they do all agree that the Spanish property market is recovering.
Property prices across Spain rose by a moderate 1.6% over the last 12 months, according to data published by the Ministry. Read more »