New data published by Spain"s National Statistics Institute has revealed that the country"s house prices increased by 4% YoY during 2Q and are now at pre-crash levels; prices of newly-built houses saw the largest price increase of 4.9%. Prices for new house prices were up by 4.9 percent compared to the same period last year; second hand prices rose by 3.8 percent. The figures show a rise in sales across all types of property, with new homes accounting for more than half (51%) of total sales.
New data published by Spain"s National Statistics Institute has revealed that the country"s house prices increased by 4% YoY during 2Q and are now at pre-crash levels; prices of newly-built houses saw the largest price increase of 4.9%. The figures show a rise in sales across all types of property, with new homes accounting for more than half (51%) of total sales.