Free housing price rises 4.5% after new construction price rises 11%

HE price living space free increase 4.5% in the third quarter of the year compared to the same period in 2022, first of all, new constructionAccording to the House Price Index (IPV) published by the National Institute of Statistics (INE) on Tuesday, its price increased by 11%, the highest increase in 16 years.

Free housing prices are already starting to pile up, with the recovery in the third quarter nine-tenths higher than the previous quarter An increase of 38 quarters on an annual basis.

According to statistics, New housing prices increased by 11 percent annually In the third quarter of the year, it increased by 3.3 points compared to the previous quarter, the largest increase in the last 16 years.

In his name, Second-hand house prices increased by 3.2 percent In the third quarter compared to the same period in 2022, the rate is three tenths higher than in the second quarter and the highest rate since the fourth quarter of 2022.

Navarra leads in annual increase

All autonomous communities made presentations in the third quarter positive annual rates.

Navarre, The region where free housing prices increased the most was the autonomous community with 7.6 percent. Between the third quarter of 2022 and the same period this year.

The Canary Islands follow with an increase of 6.6%; Cantabria (+5.9%) and Andalusia (+5.8%). The autonomous cities of Ceuta (+5.8%) and Melilla (+5.9%) also rank at the top.

The most modest increases on an annual basis were recorded in Castilla-La Mancha and Extremadura, where prices increased by 1% and 1.1% respectively compared to the third quarter of 2022.

Prices increased by 2.5 percent between July and September

as a ratio quarterly (third quarter and second quarter of 2023), Housing prices increased by 2.5 percentThe largest quarterly increase since the first quarter of 2022.

By home type, new home prices increased by 4.1% between July and September, the largest quarterly increase since the third quarter of 2020, while second-hand home prices increased by 2.2%, the same rate as the previous quarter.

House prices increased compared to the previous quarter in all autonomous communities between July and September.

The biggest increases occurred in February: Navarra and the Balearic Islands (+3.1%) and the Basque Country and the Canary Islands (+3%), while the most modest increases occurred in Castilla-La Mancha and Extremadura (+0.6% in both cases).

Source: Informacion

Popular

More from author

Polish President: It is not important for us where the border of the Crimea and Ukraine and the Russian Federation is 05/12/2025, 23:56

Polish President Slavomir Mentszen said that Warsaw did not consider the interests of the Russia and the Ukrainian border or the Crimea. He reported...

Russia called the amount of deposit for passive income at the average salary level 05:10

A contribution of approximately 6.5 million rubles will be required to generate passive income comparable to the average salary in Russia. Agency about this...

In Russia, they think of the possibility of bringing a passage to nightclubs in biometry 05:34

The transition to nightclubs on biometry can be introduced from the industry and voluntarily in Russia in case of appropriate interest. Reporting this Ria...

New formations of the navy in Russia will be created 02:28

In the composition of all fleets of the Russian Navy, regiments of unmanned systems will be formed. This was reported by the newspaper "News"...