Valuable Opinions, Comments & Gossip
Latest News, Stories
& Hot Topics
Tools & Widgets to
help with finances
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
- Business
- Childbirth & Education
- Legal Formalities
- Motoring
- Other
- Pensions & Benefits
- Property & Accommodation
- Taxes
- Airports and Airlines Spain
- Paramount Theme Park Murcia Spain
- Corvera International Airport Murcia Spain
- Join us for Tea on the Terrace
- When Expat Eyes Are Smiling
- Meet Wincham at The Homes, Gardens & Lifestyle Show, Calpe
- QROPS 2014
- Spain Increases IHT in Valencia & Murcia
- Removals to Spain v Exports from Spain
- The Charm of Seville
- Gibraltar Relations
- Retiro Park : Madrid
- Community Insurance in Spain
- Calendar Girls
- Considerations when Insuring your Boat in Spain
- QROPS – HMRC Introduces changes that create havoc in the market place
- QROPS – All Change From April 2012
- Liva & Laia : 15th November
Latest figures issued by TINSA have revealed how Spanish property prices are continuing to slide.
The Group's report for the month of October has shown how the TINSA General IMIE index stood at 1,337 points for the month, with prices matching those last seen in Q2 of 2003.
Year on year prices have fallen 4.2%, in line with recent months, but significantly better than October 2013 which saw prices 8.5% down on October 2012.
The reports goes on to note how property prices in larger cities saw a year-on-year decline of 2.2% in October, to 1,343 points, with smaller cities and large towns seeing a fall of 3.4% compared with October 2013.
Properties in Mediterranean coastal areas saw a year-on-year adjustment of 4.5%.
The largest price drops were experienced in the Canaries and Balearics with 5%, and smaller inland towns with a 7.1% fall compared to October 2013.
Recommended Reading :
* Spain house prices up 0.8% year-on-year
* Fitch's praises Spain's banks, forecasts property prices stabilize
