Archives for October 2008

October 16th, 2008

Average Spanish property prices rose by 0.4% over 12 months to the end of September, but fell by 1.3% in the third quarter, according to the latest figures from the Ministry of Housing. Taking into account consumer price inflation, which stood at 4.5% in September, the real cost of housing has ...

Continue reading Spanish Property Prices Fall by 1.3% Q3 2008

October 2nd, 2008

Despite an unprecedented collapse in the Spanish property market, not to mention a monumental property glut that makes America’s housing overhang look trivial, Spanish property prices fell by just 0.3% over 12 months to the end of the second quarter, if you believe a house price index just launched by ...

Continue reading INE v MVIV Stats = D’oh!

October 1st, 2008

The latest Kyero.com Spanish House Price Index reflects average asking prices for Q3 2008 - and it contains some surprises. Overall, the average house price in Spain appears to have increased from €240,000 to €245,300 - in just three months. In the current market conditions, how can an apparent increase ...

Continue reading Kyero Q3 2008 House Price Data Released