Home » Property Market » Official House Price Index -2.2pc in Q3

Official House Price Index -2.2pc in Q3

Spanish house prices were 2.2pc lower at the end of September than the same time last year, according to the official house price index published by the National Institute of Statistics (INE).

New build prices fell 2.6pc, and resales were down 1.8pc over 12 months.

Compared to the end of June, prices were also down 2.2pc, ending a 4-quarter run of steadily declining price falls.

The following table shows annualised price changes for Q2 and Q3 by region. Madrid was the only region to experience rising prices in Q3, up by 0.9pc compared to a year earlier.

SPI NEWSLETTER

Property market news & intelligence, plus valuable articles and tips for buyers, owners, vendors & industry insiders straight to your inbox. Never miss an important heads-up!

By submitting this form you agree to our Privacy Policy & Terms of Use. You will be sent an email to confirm your subscription, so please look out for that.

Leave a Reply