The average price of houses in Spain increases by 4.5%

The average price of houses in Spain increases by 4.5%

 

The General Index and Large Markets touched down in February 2015 and shows an increase of 9% since then. The average price of finished house in Spain remains around mid-2013 levels, 37.3% below the maximum reached in 2007.

The "Mediterranean Coast", the most affected sub-index in the crisis, shows a cumulative decrease of 46% in the last ten years. The "Metropolitan Areas" (-42.4%) also accumulate a downward adjustment above the national average, just like the "Capitals and large cities" (-38.7%).

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