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Resale property asking in Spain prices hit lowest since 2007

Posted on by peteradmin247

euro-bills Asking prices for re-sale properties for sale in Spain fell 9.4pc in January compared to the same time last year, according to the house price index published by idealista.com, a leading property portal.

On a monthly basis, asking prices of Spanish homes in the idealista.com database fell 1.9pc to an average price of 2,045 €/m2.

It represents the biggest fall in asking prices since before the crisis Hit Spain in 2008.

On a monthly basis, prices fell the most in Castille La Mancha (-2.3pc), followed by The Balearics, Asturias and Andalucia (-2.1pc). Prices fell the least in Aragon (-0.1pc).

The Basque Country has the most expensive asking prices in Spain (3,312 €/m2), whilst Extremadura has the cheapest (1,305 €/m2), followed by Murcia (1,306 €/m2).

 

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