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TINSA: Coastal House Prices Rise For The First Time in Seven Years

The Tinsa house price index shows homes on the Spanish coast getting dearer for the first time since the crash started in 2008, whilst overall price falls continue to fall at a slower rate. The (IMIE) house price index published by Tinsa, one of Spain’s biggest appraisal companies, provides fresh evidence that Spain’s drawn-out crash

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Average house price in Spain fell by 16.5% in August, according to the Notary Association

Based on figures from the previous year, the Spanish Notary Association claim that Spanish house prices fell by 16.5% in August, down to just 1.176 €/m2, with apartments dropping by 19.7%, and houses by 8.2%. New properties came down by an average of 20.4% whilst resales dropped by 24.2%. Again, according to the same source,