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The annual rate of change of the Housing Price Index stood at 3.9% in the second quarter

The annual variation of Housing Price Index (HPI) in the second quarter of 2016 decreased almost two and a half points and stood at 3.9%.

Housing prices up nearly two points from the previous quarter. By type of housing, the annual rate of new housing prices is 8.4%, more than two higher than the previous quarter.

For its part, the annual variation of the second-hand housing down more than three points, to 3.2%.

Prices rise for the second consecutive quarter.

By type of housing, new housing prices rose by 3.7% between the first and the second quarter of 2016. Meanwhile, prices of second-hand housing increased 1.5% in quarterly rate

All regions posted positive quarterly rates in the second quarter of 2016. The largest increases over the previous quarter occur in Madrid and Catalonia, with increases of 3.1% and 2.5%, respectively.

HPI data are consistent with those published quarterly in Eurostat, and therefore serve as a comparison between housing prices of the different member states of the EU.

If you are looking for properties in Los Alcazares speak with the best of estate agents.

Europahus is a real estate located in the heart of the Costa Calida, in the municipality of Los Alcázares in Murcia. We 15 years helping people like you find the property of your dreams in Spain. Our close collaboration with many local realtors makes our catalog includes all types of properties, both second-hand and new work, throughout the provinces of Murcia and Alicante.

Please contact us if you are looking for your dream home in Spain.

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