TINSA property valuation report released 17.7.18: Prices on the Mediterranean coast have risen by 7.4% over the last year.
The leading Spanish valuation company Tinsa has published their latest report on Tuesday 17 July 2018, relating to residential property values. The average price of housing in Spain increased by 6.4% year-on-year in the month of June 2018, driven by the "capitals and large cities" and by the "Mediterranean coast", which show an increase of 10.2% and 7.4% respectively.
While the latest average price is still calculated to be 35.7% lower than the peak reached during the boom in 2007, it now 12% higher than when the market bottomed out in February 2015.
After the first 6 months of 2018, Tinsa describe the increase in property values as "dynamic”.
Here is a link to the Tinsa report. You can download the report by clicking on "descargar informe" or scroll down the page on the link below, to see the figures for the Mediterranean coast under the section "Variación interanual en los últimos 12 meses" (interannual variation for the last 12 months):
https://www.tinsa.es/servicio-de-estudios/imie/general/junio-2018/
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Tinsa IMIE junio 2018: + 6,4%. 17 julio, 2018
Las capitales y grandes ciudades toman impulso y se encarecen más de un 10% en tasa interanual en junio 2018.
El precio medio de la vivienda terminada en España se incrementó un 6,4% interanual en el mes de junio, impulsado por las "Capitales y grandes ciudades” y por la "Costa mediterránea”, que se revalorizaron un 10,2% y un 7,4%, respectivamente.
Descargar informe:
https://www.tinsa.es/servicio-de-estudios/imie/general/junio-2018/
