House prices in Spain rise to 3.3% of pre-pandemic levels

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House prices in Spain have risen to 3.3% of pre-pandemic levels and show no signs of slowing down.

The average house price in Spain closed in August with a rise of 3.3% compared to March 2020, the month in which the pandemic broke out and the health crisis began, according to a report from lavanguardia.

Compared to August of last year, the rise in prices was 5.2%, and 0.2% in August compared to July.

The report highlights the fact that house prices have recovered strongly after the falls they suffered in the second half of last year, explained Andrea de la Hoz, senior analyst at Tinsa’s Research Service.

According to the appraiser, the housing market is currently living “in a scenario of a sustained increase in prices, growing demand and limited supply”, which has caused “high inter-annual variation rates” in prices and “an upward trend. that is consolidated without setbacks month by month for the different geographic areas ”.


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Ron Howells

Ron actually started his working career as an Ophthalmic Technician- things changed when, during a band rehearsal, his amplifier blew up and he couldn’t get it fixed so he took a course at Birmingham University and ended up doing a degree course. He built up a chain of electronics stores and sold them as a franchise over 35 years ago. After five years touring the world Ron decided to move to Spain with his wife and son, a place they had visited over the years, and only bought the villa they live in because it has a guitar-shaped swimming pool!. Playing the guitar since the age of 7, he can often be seen, (and heard!) at beach bars and clubs along the length of the coast. He has always been interested in the news and constantly thrives to present his articles in an interesting and engaging way.


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