Official Spanish house price index invites ridicule
Posted on March 17, 2010 by Mark
Filed Under Property prices | Leave a Comment
Official house price index
Spanish property price fell by an average of just 4.3% last year, according to the official house price index prepared by the National Institute of Statistics (INE). Everyone in the business knows that average prices fell much more than that, so why is the INE publishing figures that invite ridicule and risk making foreign observers suspect that the official figures in Spain can’t be trusted? Read more
UK Independence Party MEP Marta Andreasen fights for expat property rights in Spain
Posted on March 15, 2010 by Mark
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UKIP MEP Marta Andreasen
UK Independence Party MEP Marta Andreasen is getting involved in the fight to protect property rights in Spain. According to a recent press release from her office, “She feels strongly that homeowners are being treated unjustly and are receiving no protection from any of the responsible parties involved, the regional government, the Spanish government, their own government or the European Union.” Read more
The Spanish property bust is dead, long live the recovery
Posted on March 12, 2010 by Mark
Filed Under Property market | Leave a Comment
The bust is dead, the Spanish property market’s recovery has begun! That’s how some leading daily papers like El Pais are interpreting the latest figures from the National Institute of Statistics (INE) showing the market grew ever so slightly in January. Well, I wouldn’t try to claim a vigorous recovery is underway, but there’s no denying the market appears to have found a floor, which is an improvement on the 2 years plus of monthly declines we had before. Read more
Tinsa property price index stable in February, but coastal property prices lurch down
Posted on March 10, 2010 by Mark
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Tinsa's property price index
Spanish property prices fell by 5.5% over 12 months to the end of February, according to the property price index published monthly by Tinsa, one of Spain’s leading appraisal companies. That means no change for the national index since last month, which Tinsa describes as showing “a certain level of stabilisation.” Read more
British government minister Chris Bryant lobbies for planning amnesty in Andalucia
Posted on March 8, 2010 by Mark
Filed Under Andalucia, Problems & scandals | 1 Comment
“The housing market in Spain is not going to recover quickly if pictures of bulldozers knocking down expats’ homes are appearing in British newspapers.” That was Chris Bryant, the UK’s Minister for Europe, stating the obvious yesterday whilst appealing to Spain’s economic self interest to halt plans to demolish more British owned homes in Spain. Read more
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