150,000 is limit for over 50% of house buyers

This topic contains 0 replies, has 1 voice, and was last updated by  SPI News Feed 4 years, 7 months ago.

  • Author
  • #57594

    SPI News Feed

    For over 50% of those looking to buy houses in Madrid 150,000 euros is the most that they are willing to spend.

    Research by Básico Homes shows that there has been a drastic fall in the percentage of active buyers looking for homes worth over 150,000 euros.

    Last year the majority percentage (35%) fell into the 200,000-250,000 euros bracket, this year that has fallen to just 13.31%.

    The average age of active buyers is also rising, last year 50% were aged 35 and under whereas this year that has fallen to 35% with 40% of buyers aged between 35-55.

You must be logged in to reply to this topic.