The price of houses increased by 7.6% in 2017

The price of houses increased by 7.6% in 2017


The accumulated growth for the entire year of 2017 is 7.6%, according to data from the Real Estate Registry Statistics for the fourth quarter and the whole of 2017.

Regarding to the maximums, reached in 2007, the IPVVR accumulates a drop of 21%. On the other hand, as to the recent minimums of 2014, is accumulated an increase of 20.9%.

The purchase-sales of houses registered in the property registries in the fourth quarter reached 111,921 operations, showing in its behavior the usual seasonality of the last quarter of the year, with a reduction of 6.1% over the previous quarter. However, regarding the same quarter of 2016 there has been a significant increase of 19.8%.

The year 2017 has closed with 464,233 purchase-sales recorded, the highest annual figure since 2008, with an annual increase of 15% .Territorially, all the autonomous communities have presented increases in purchase-sales of houses registered in 2017 with respect to 2016.

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