socialmedian: Kyero.com Q2 2009 Spanish House Price Index

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Kyero.com Q2 2009 Spanish House Price Index

Submitted by Grahunt from Google Reader

Jul 04, 2009

Summary

According to the Q2 2009 Spanish House Price Index from Kyero.com, the average asking price of a Spanish property has decreased by 2% from Q1.

Download the latest Spanish House Price Index. It's updated and published quarterly to evaluate the advertised prices of 100,000 Spanish properties.

Lugo province leads the way with asking prices dropping by almost 16% quarter-on quarter and almost 30% year-on-year

Provinces with decreasing prices

Province
Q1/Q2 2009
Q2 2008/2009

Lugo
-15.8%
-29.2%

Barcelona
-12.85
-0.8%

Sevilla
-5.1%
-27.1%

Cordoba
-4.6%
-9.0%

Valencia
-3.6%
-12.8%

Pontevedra
-3.2%
-22.3%

Teruel
-2.9%
-27.8%

Murcia
-2.6%
-6.3%

Alicante
-2.4%
-3.1%

Coruna
-1.6%
-1.2%

Almeria
-1.6%
-6.9%

Granada
-1.1%
-1.2%

Castellon
-0.8%
-5.1%

Jaen
-0.6%
-3.1%

Badajoz
-0.5%
-9.9%

While the average asking price has dropped significantly in many provinces - a welcome and necessary move - some have actually recorded price increases.

Provinces with increasing prices

Province
Q1/Q2 2009
Q2 2008/2009

Fuerteventura
+11.0%
+4.9%

Asturias
+5.3%
+15.6%

Huelva
+4.8%
+8.4%

Malaga
+3.4%
+6.7%

Tenerife
+1.6%
+0.9%

It's

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Comments (1)

Grahunt,

Jul 04, 2009

The estate agent quoted here is exactly how I think too