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Eurozone property prices rise at the fastest rate in 11 years with Spain leading the way among the largest markets.

In the first three months of 2018 (Q1), Eurozone property prices rose by 4.5%, compared with Q1 2017, representing the largest year-on-year increase since Q1 2007, reports the European Union’s statistics agency Eurostat. Read more »

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A total of 28,724 new mortgages were approved in Spain during the month of April, with increased mortgage activity reported in all 17 regions, according to government statistics.

During April, property sales in Spain were almost 30% higher than during the same month the year before, while the number of properties financed by mortgages grew 34.2%. The most significant rise in mortgage loan approvals was registered in the Balearic Islands (66.7%), followed by Madrid (62.4%) and Castilla-La Mancha (54.2%). Read more »

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Average Spanish residential property prices continue to grow following a 3.9% increase in the first quarter of the year and the highest April increase in over a decade.

Spanish house prices rose by 5.4% in April, compared with the same month last year, representing the highest April increase in eleven years, according to property valuation firm Tinsa. Read more »