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The Spanish housing price increased by 7.7% last year up to March 2017, Volumes up 14.4%

19 May
2017

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The price of housing increased by 7.7% during the last year

According to the first quarter real estate statistics published by the Association of Registrars, the price of housing increased by 7.7% during the last year.

  • From January to March, 113,738 housing sales were registered, the highest result since the first quarter of 2011
  • The new mortgages at fixed rate of interest carried out four out of ten operations
  • The price of housing showing an increase Annual growth of 7.7% and 4.1% over the previous quarter.
  • As of today, house prices mark a decrease of 22.8% from the maximum levels in 2007.
  • 113,738 housing sales in the first quarter of 2017 +14.4% vs 2016
    • New housing had a significant quarter-on-quarter growth of 27.5%, with 20,490 sales were registered,
    • Used housing increased by 20.6% over the previous quarter, reaching 93,248 operations (82.0% of the total registered).

 

Find the full press release in Spanish here.

Full quarterly report in Spanish, First Quarter 2017, Estadística Registral Inmobiliaria (ERI) 

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