Tinsa property price index stable in February, but coastal property prices lurch down
p>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.”
Housing gets more affordable but only thanks to low interest rates
Property prices don’t really mean much unless you compare them to incomes, to get what is known as the housing affordability ratio – the proportion of annual gross income that families have to spend on financing the purchase of a home. The housing affordability ratio in Spain has been going down, but only really thanks [...]
Tinsa property price index down 5pc over 12 months to January
Spanish property prices fell by 5.5% over 12 months to the end of January, according to the property price index published monthly by Tinsa, one of Spain’s leading appraisal companies. That’s a slight improvement on the -6.6% last month, and confirms a general trend towards smaller price declines. At this rate prices will be stable [...]
New build property prices to continue falling this year says valuation company
New build property prices are going to carry on falling this year, at least as much as last year’s 6% decline, say the top management of Sociedad de Tasación, one of Spain’s leading appraisal companies.
Spanish property is 55pc overvalued says The Economist, but is it?
Spanish house prices are still 55% above their fair value despite Spain’s property market crash, claimed a recent article in The Economist magazine that caused a stir in the Spanish press. But what nobody seemed to notice is that The Economist have got it wrong, for which we can blame the Spanish Government and [...]
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