The National Statistics Institute's House Price Index (IPV) also showed that house prices in the fourth quarter of 2019 dropped by 0.6% on average compared to the third quarter.
This will be one of the first measures geared towards protecting tenants by the new government, which made accessible housing a priority in its coalition manifesto.
In Galicia, where the climate and the housing market are cooler, prices remain attractive to native and foreign buyers alike.
Rents in major European cities are continuing to level out, even in Barcelona, Berlin and Brussels which have recorded the steepest climb in rental prices year on year, the latest data shows.
Property prices in key cities across the world increased by 3.5% on average in the second quarter of 2019, led by annual growth of 25% in Xi’an in Chine, the latest international index shows.
As house prices and sales activity increases in the prime property market in Spain, five key cities are giving potential buyers a new sense of confidence, according to a new analysis.
Spain’s residential property market is now seeing an increase in construction activity, growing interest from international buyers and steadily growing prices, according to a new report.
In the seaside province of Cadiz, the long recovery from the global financial crisis is accelerating.
After continuous, and sometimes steep, increases in residential rents in major European cities over the past few years, prices now seem to have plateaued and are levelling out, the latest research shows.
Residential property sales across Spain increased by 14% in the first quarter of 2019 compared to the same period in 2018, the latest official figures show.
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