This slight increase shows, one month more, that the price of second hand housing is stabilizing and that we are leaving behind the high price drops we have witnessed in recent years.
Regarding the YoY variation, the price in October 2017 increased by 4.1%, regarding to last year and there have already been 13 consecutive months of increases.
«The housing market is registering levels of activity that we have not seen for ten years, as a result of the economy and employment improvement, as well as a return of confidence in the sector. As a consequence of all this, prices are rebounding, although at a different pace according every zone of the country”, explains Beatriz Toribio, manager at Estudio de fotocasa.