June 30, 2019

Newsy Today

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The escalation of housing prices threatens to loosen in Barcelona and Madrid

The price of new housing continues its upward trend and at year-on-year rates above 5%, as noted in the report of the second semester of 2019 of the Appraisal Society. The price of the square meter in Spain continues to rise and recorded in June an average of 2,400 euros per square meter, 5.1% higher than the same period of the previous year. However, despite accumulating eight consecutive semesters of uninterrupted increases, the figures show some clues that the Appraisal Society interprets as a threat that the inflationary spiral may end up loosening in the medium term. Especially in the cities that have increased price increases in recent years.

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