In all three cases, the recorded increase since the last trimester of 2015 is ore than 10%, reaching 12.1% in the case of San Sebastián, 11.6% in Bilbao and11% in Barcelona.
The development of the residential market over the country, while still positive, is more moderate. The provisional data from the fourth trimester of 2016 show an increase of over 0.8% over the fourth trimester of 2015.
The Director of ‘Servicio de Estudios’ (Study Services) at Tinsa, Jorge Ripoll, stresses that this annual development, in line with that recorded in the previous trimester, is a reflection of the different speeds at which the residential market moves, in which there are both very dynamic locations alongside others with little demand, which continues to affect prices. “The prediction is that 2017 will maintain this steady tendency, with a slightly upward trend, always accompanied by moderate growths”, states Ripoll.