The price of housing in Spain appreciated by 2.7% on average in the second quarter of the year, compared to the same period last year. According to the statistics of the Tinsa appraiser on local markets, this second quarter data confirms the progressive recovery of the residential market in Spain.
The report also highlights the clear recovery of the city of Barcelona, where value has increased by 21.7% in the last year, to 3,094 euros / m2. Behind Barcelona, are Alicante, with a rise of 12.9%; Madrid, with a 10.8%; And Vigo, with 10.2%, the highest year-on-year increases in the second quarter.
The number of purchase and sale transactions compared to the park built in Spain stands at 18.7 per 1,000 dwellings in the last year. Also in the last four quarters have been requested 2.5 visas of new work for every 1,000 homes.
Málaga, Alicante and the Balearic Islands, regions with a clear tourist component, are the provinces where the highest number of transactions related to purchases of new buildings in the last year in relation to the size of their housing stock are recorded.
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