I know a bit the Canary Islands and they always behave differently as the Peninsula. In the Peninsula, people are starting to become scared. I think nobody thinks in rising prices. But funnily, offers are not going down much.
A price 10% lower than the max would be, in my opinion, a great trade. But people are not doing it. I do not know if it is because they are stupid (they believe blindly prices will go up indifinitely) or if I am stupid (believing prices will go down).