Spanish house prices rising, foreigners buying, economy growing

11/19/2016 20:27

Spanish house prices rising, foreigners buying, economy ...After almost seven years of falling house prices, Spain’s housing market is recovering. Spanish house prices increased 0.83% during the year to end-Q2 2016 (2.07% inflation-adjusted), its third consecutive quarter of y-o-y house price rises, based on figures from TINSA. The housing market finally returned to growth in Q4 2015.  However quarter-on-quarter, house prices fell by 0.41% (-1.73% inflation-adjusted) during the latest quarter.