There is no new housing bubble in Spain, says the International Monetary Fund (IMF), but precautions must be in place to prevent one from forming in the future. Despite data from 2017 showing early signs of a ‘slight overvaluation’ in house prices, the IMF says ‘there is no clear evidence so far of a generalized… Read more »
Posts Tagged: Spanish property Sales
The Spanish property market has registered its 8th consecutive year of rising house sales accompanied by moderate growth in house prices. Spanish property sales reached 41,519 units in September, representing a slight rise of 0.2% and the 8th consecutive year-on-year increase.
The Spanish property market took further steps towards recovery in May with nearly 52,000 housing sales. The number of properties exchanging hands in May rose by 7.7% compared with the same month last year, according to the Spanish notaries, reaching a total of 51,896 transactions.
Spanish property sales continued to rise in April while property prices registered a small decline, latest data shows. A total of 48,415 residential property transactions were registered during April, representing an increase of 11.6% from the same month the year before, according to the Spanish notaries.
The Spanish property market welcomed a healthy rise in the number of property investments last year, rising 2% above the European average. The total number of property investments in Spain grew by 9% in 2017, compared with the year before, to reach a total value of €9.2 billion, according to real estate consultancy firm Savills… Read more »