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Housing prices in Spain rise by 15.6% year-on-year
Housing prices in Spain increased by 15.6% year-on-year in August, reaching €3,166/m². The trend continues for 70 consecutive months.
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The Bank of Spain alerts about the need for one million homes by 2028 due to a deficit of 755,000 since 2021.
Housing prices in Spain increased by 15.6% year-on-year in August, reaching €3,166/m². The trend continues for 70 consecutive months.
Luxury property prices in Madrid grow by 3.2% in Q2, but remain at record highs. Sales drop by 7.3% and accessibility worsens.
The Bank of Spain warns that the housing crisis is due to lack of supply, not tourism, and criticises government measures.
Santa Cruz de Tenerife surpasses Las Palmas as the most expensive province for buying a home in the Canary Islands, at €2,264.7/m2.