Independent and accurate property prices in Spain

Download the latest Spanish House Price Index
pdf format 360Kbytes

The Kyero.com Spanish House Price Index is free to download.

It's updated and published quarterly to evaluate the advertised prices of 100,000 Spanish properties.

Kyero.com Spanish House Price Index
(Reprint permission granted when this line and hyperlink included)

UK newspaper the Financial Times (FT) has launched, what it calls, the first European house price guide which brings together data from across Europe.

The company said that the launch of the dedicated microsite will help rectify the “lack of effective house price data in Europe” and is collated using official data from national statistics offices, central banks, land registry, surveys, lender valuations and will be updated on a ongoing basis. The microsite will allow the user to download selected data the statistics into a single excel spreadsheet.

The European house price information, can be accessed through an interactive map and graph covering annual, bi-monthly, quarterly and monthly figures from 1970 onwards. This allows the user to view hotspots across Europe on an interactive map and to view trends through interactive graphs capable of selecting individual countries over a period of time.

“Within Europe it is very hard to find out an individual country’s housing data, which is surprising considering the importance of the housing market to any country’s economy,” said Simon Briscoe, statistics editor, Financial Times. “The microsite will help provide investors and researchers with a resource that can be used to spot trends.”

As well as the varying house valuation data, the microsite also provides other essential information such as the country’s mortgage debt and offers analysis and commentary from FT journalists. The European House Price Guide follows the launch of its UK House Price Index earlier this year.

Story from OPP (registration required)

Now that there’s detailed Spanish house price information on Kyero.com, we’ve taken the opportunity to streamline the pdf version of the Kyero.com Spanish House Price Index.

As you can see from the image above, it’s just 3 pages in length now – but there’s no shortage of information in there. There are average proces for 30 Spanish provinces and pricing trends going back to the last quarter of 2006.

We’ve also worked hard on the layout and presentation to make it easier to read, understand and digest – I hope you like it and that it proves to be a useful overview and companion to the detailed information now available throughout Kyero.com. Either way, love it or hate it, please let me know.

Martin Dell, Kyero.com

• Original data is freely available to download from the web site of the Ministerio de Vivienda. No changes have been made to the source information other than for clarity of presentation and translation into English.
• New construction is defined as properties less than 2 years old. These figures *might* include property purchased off plan and 'flipped' or resold in the same period and while the property is still technically 'new'
• Resales are defined as any property older than two years - again, this may not strictly correlate to a property having been sold a number of times
• Except where specifically mentioned, all figures exclude sales of subsidised or social housing.
• Sales of urban and rural land are excluded.
• Sales to 'foreigners' are categorised as resident, non-resident and 'other'. For the sake of clarity, only figures for foreign residents in Spain are presented here as they account for the vast majority of cases.
• Actual prices are likely to be unreliable due to the fact that some of the sales price passes from buyer to seller 'under the table'. This amount is never notarised and therefore cannot feature in the MVIV figures.
• As the Spanish government increases their efforts to stamp-out these 'black money' practices, house prices might 'appear' to be increasing when, in fact, a proportion of that increase must be attributed to a larger propeortion of the actual sales value being notarised.