Post by account_disabled on Mar 13, 2024 5:45:11 GMT -5
The price of free housing rose 3.5% in the first quarter of the year compared to the same period in 2022, but registered its lowest increase since the second quarter of 2021, when the price increased 3.3%, according to the Index of Housing Prices (IPV) of the National Institute of Statistics (INE).
This rebound, with which 36 quarters of increases have already accumulated, is two points lower than that registered in the last quarter of 2022.
According to the INE, the price of new housing Phone Lead rose 6% year-on-year between January and March, two tenths less than in the last quarter of 2022 and its smallest rebound since the third quarter of 2021. For its part, the price of used housing increased by 3% in the first quarter compared to the same period in 2022, a rate of more than two points lower than that of the fourth quarter of 2022 and the lowest.
By region, the largest price increases occurred in Navarra, Cantabria and the Canary Islands, with increases of 5.8%, 5.6% and 5.5%, respectively, compared to the previous year. For their part, Extremadura (1.1%), Castilla–La Mancha (1.6%) and the Region of Murcia (1.7%), registered the lowest annual increases.
The prices of new homes in the Canary Islands (11%), Cantabria (10.5%), Asturias and Galicia (both with 9.1%) are those that have increased the most during the last year, compared to the smallest increases in Extremadura (1.3%), Madrid (3.7%) and the Basque Country (3.8%).
Regarding used homes, the autonomies where prices have increased the most are in the Canary Islands (5%), Cantabria (4.8%) and Navarra (4.3%). On the contrary, although no Autonomous Community recorded price falls, the smallest year-on-year increases occurred in Castilla-La Mancha and Murcia (both with 1.1%) and in Castilla y León (1.6%).
For Francisco Iñareta, spokesperson for idealista , “the data published today reinforces the statistics advanced by idealista that show that, despite the drop in the number of sales and mortgages, prices continue to rise. Inflation and the increase in financing costs do not have the effect on prices that many experts predicted, but rather they are managing to maintain their upward trend, although in a less abrupt way. The data we handle at idealista show that there is still a significant demand for home purchases, and that many of the families that maintain their purchasing interest already own another home, so their financing needs (and the consequent impact of its increase) is much lower.”
This rebound, with which 36 quarters of increases have already accumulated, is two points lower than that registered in the last quarter of 2022.
According to the INE, the price of new housing Phone Lead rose 6% year-on-year between January and March, two tenths less than in the last quarter of 2022 and its smallest rebound since the third quarter of 2021. For its part, the price of used housing increased by 3% in the first quarter compared to the same period in 2022, a rate of more than two points lower than that of the fourth quarter of 2022 and the lowest.
By region, the largest price increases occurred in Navarra, Cantabria and the Canary Islands, with increases of 5.8%, 5.6% and 5.5%, respectively, compared to the previous year. For their part, Extremadura (1.1%), Castilla–La Mancha (1.6%) and the Region of Murcia (1.7%), registered the lowest annual increases.
The prices of new homes in the Canary Islands (11%), Cantabria (10.5%), Asturias and Galicia (both with 9.1%) are those that have increased the most during the last year, compared to the smallest increases in Extremadura (1.3%), Madrid (3.7%) and the Basque Country (3.8%).
Regarding used homes, the autonomies where prices have increased the most are in the Canary Islands (5%), Cantabria (4.8%) and Navarra (4.3%). On the contrary, although no Autonomous Community recorded price falls, the smallest year-on-year increases occurred in Castilla-La Mancha and Murcia (both with 1.1%) and in Castilla y León (1.6%).
For Francisco Iñareta, spokesperson for idealista , “the data published today reinforces the statistics advanced by idealista that show that, despite the drop in the number of sales and mortgages, prices continue to rise. Inflation and the increase in financing costs do not have the effect on prices that many experts predicted, but rather they are managing to maintain their upward trend, although in a less abrupt way. The data we handle at idealista show that there is still a significant demand for home purchases, and that many of the families that maintain their purchasing interest already own another home, so their financing needs (and the consequent impact of its increase) is much lower.”