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Spanish residential real estate increased by 4.2% in three months

Spanish property prices have risen significantly. The average price of housing sold in the country during the second quarter by 4.2% more than in the first quarter of 2015. Last year the Spanish real estate sector trading resulted in an increase in prices by 1.8%.
Comparing the results of the second trimester of this year with the figures a year ago, experts point out that most significantly increased the price of new building – by 4.9%.The cost of the secondary housing grew by 3.8%.
Analysts point out that the cost increases occurred in all the autonomous regions of the country. The highest growth was recorded in the Balearic Islands (7.3%), the Autonomy Madrid (6.4%), the Autonomous City of Ceuta (6.1%) and Catalonia (5.5%).

 

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