Housing: the biggest increase in the last 11 years

Housing: the biggest increase in the last 11 years

 

This is the largest annual increase since 2006, according to the year-end analysis carried out annually by the fotocasa real estate portal in the report "Second-hand house in 2017". The report shows that in 2017 was consolidated the reactivation of the real estate market, which began to be seen in 2016 and begins to present a much more encouraging outlook.

"In 2017, the interest and confidence in the housing market was resuscitated as a result of the improvement of the economic context and the consolidation of financing. And that has had a direct transfer to prices, as reflected by the fact that we closed 2017 with the highest YY average increase since 2006”, explains Beatriz Toribio, head of Research at fotocasa.

In December 2017, the average price of second-hand housing was €1,733 / m² in Spain. As for the autonomous communities, the price increases year on year in 13 of them.

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