The price of new houses increases by 5% in 2017

The price of new houses increases by 5% in 2017

 

The price of new houses in Spain has experienced an increase of 5% in the annual average, the highest increase since 2007, with prices in cities such as Barcelona and Madrid approaching pre-crisis levels. Although the variation is not consistent throughout the territory, the report points out that price reductions are no longer experienced in any of the analyzed populations.

For 2018 the Appraisal Society expects a constant and soft evolution of the average prices throughout the national territory that will oscillate around 5%, a number that will probably be overcome in some provincial capitals.

Iberian Property logo Iberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!