Spanish housing market levels out but it’s not all bad news

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For years the Spanish housing market had been charactersied by rising house prices and increased demand for new properties. But the market is entering a more mature phase in its recovery and heading towards ‘normalization’ and ‘more sustainable growth rates’, says a report by Caixabank Research.

House Sales Rise in all bar Two Regions of Spain

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Spanish property sales rose by 9.7% in September to 42,766 units, reports the government’s central statistics unit. The number of properties exchanging hands has risen eight out of the nine months so far this year (January to September), with the only exclusion being in March; Easter fell a lot earlier than the year before so… Read more »

Highest April House Price Rise in 11 Years

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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… Read more »