Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Spain Q1 house prices up 6.3 pct y/y, sharpest rise in over 8 yrs

Source: Reuters - Thu 9th Jun 2016
Spain Q1 house prices up 6.3 pct y/y, sharpest rise in over 8 yrs

Spanish house prices increased by 6.3% in Q1 of the year, the National Statistics Institute said on Thursday, the strongest gain since Q3 of 2007 shortly before a prolonged property crash.

Spain's housing market bubble burst at the beginning of 2008, putting millions out of work and sending the economy in to a five-year slump from which it emerged mid-2013.

New house prices rose 6.1% while used house prices were up 6.4%, INE said, also around 8-year highs.

Separately, house sales rose 29.0% in April from a year earlier, to around 35,199 homes, the sharpest increase since August 2010, INE said.

Recommended Reading :

* Spain sees foreign property buyers increase 15% in 2015

* What would a UK EU Exit mean for Expats in Spain ?

Comment on this Story

Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Articles

Related Blogs