Official House Price Index down 7pc in Q3
Spanish house prices fell by 7.4pc over 12 months to the end of September, according to Spanish Official House Price index published by the National Institute of Statistics. + Press release from the INE (PDF in Spanish)
Asking prices fall 7pc in a year according to portal
Spanish property asking prices for previously occupied homes fell 7.4pc over 12 months to the end of November, according to Idealista.com, a leading property portal.
Slash prices by 50pc to sell least desirable new homes says Bankinter
A big chunk of Spain’s 700,000-strong glut of new homes will never sell at current prices, argues a new report from Bankinter, a Spanish bank
Housing affordability still a problem despite falling prices
Compared to other countries, Spaniards are still paying through the nose for housing, at least according to official figures.
Tinsa House Price Index -6.9pc in October
Average Spanish house prices fell 6.9pc over 12 months to October, according to the latest House Price Index published by Tinsa – one of Spain’s leading appraisal companies.
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