1.18 million workers remain in ERTE temporary redundancy situations. Unemployment in Spain fell by 89,849 in July (-2.33%), the first decline since the start of the pandemic, to a total of 3.77 million unemployed. The beginning of summer has given a welcome boost to economic activity in Spain after the economic paralysis of lockdown, although […]
The leading Spanish property valuation firm Tinsa published its latest batch of monthly data regarding the market value of housing across the country on Wednesday morning, reporting that in February 2020 the recovery in market prices of recent years continued to progress at a minimal rate. A year-on-year increase of just 2.4 per cent was […]
International ratings agency S&P forecast that Spanish house prices will continue rising this year, albeit at a lower rate than in recent years. However, the Coronavirus was an external shock they were not expecting, and the assumptions of their forecast could now be out of date. Without taking account of any potential negative impact of […]
Strong property market activity and growth is being experienced in five of Spain’s key cities, giving potential buyers a renewed sense of confidence, according to new analysis. The highest residential prime property prices are in Madrid where values increased 9.7 per cent during the year to March 2019, and are 50.1 per cent higher than […]
Tinsa report November rise of 3.7 per cent in Spanish property values. The leading Spanish property valuation firm Tinsa published its latest batch of monthly data regarding the market value of housing across the country on 4th of December, reporting that in the month of November the recovery in market prices of recent years continued. […]
The last housing boom came over a decade ago when the construction market was at its highest thanks to relaxed EU regulations. However the figures show that today’s prices even exceed that most profitable period. The results show that the municipalities with the highest prices are Algarrobo Costa, Chilches, Estepona, Fuengirola, Marbella, Nerja and Ojen. […]
Almost half of all purchases in September were financed by mortgage loans. The latest set of data regarding the residential property market to come from Spains notaries, reporting exactly the same total in September as in the same month last year after four consecutive year-on-year decrease in previous months, although at the same time the […]
Statistics regarding the market price of officially valued residential property in Spain during the second quarter of 2019 were published by the Ministry of Development this week, offering some interesting insights into how the market is developing and reinforcing to a certain extent the impression that the recovery in prices is beginning to run out […]
The latest provisional data published by the Spanish government’s central statistics unit on Monday show that the annual inflation rate in August was just 0.1 per cent, 0.2 points lower than in the definitive report for the previous month and the lowest since September 2016, when a long period of negative inflation came to an […]
The publication by the government’s central statistics unit of the residential property sales data for the month of February 2019, showing that the number of transactions was 5.3 per cent higher than in the same month last year at 43,695. Although this marks a return to growth after the first year-on-year decrease for ten months […]