Tinsa Index – January

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    Published this week:

    http://www.tinsa.es/n-pages/np-files/1/down/IMIE/2013/01_Ficha_Imie_Enero_2013.pdf

    General -13.8% (Dec -11.3%)
    Costas -14.9% (Dec -12.5%)

    Peak (Dec 2007) to present

    General -35.3%
    Costas -43.0%

    Not pretty reading for those who currently own property in Spain. The three month trend shows the largest drop that we have seen since the crisis in 2008. The index for the Costas is now back to levels last seen in 2003 and still falling sharply.

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