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Tinsa’s monthly IMIE report, which charts the behaviour of Spanish property prices and compares them to the same month the previous year, was published today (Monday) in respect of March 2019. And the news is that prices are continuing to rise, albeit at a similar, moderate rate as they did in February.
We already know that 2018 was a breakthrough year for the real estate market in terms of overall Spanish property sales and overseas home buyers, and recently-published data by the Spanish Registrars Association confirms these facts as well as offering further insights.
Spanish real estate values have been in a good groove recently and have been increasing consistently yet sustainably; a fact that was reinforced by valuations firm Tinsa’s first quarter 2019 pricing data in its trimestral report published late last week.
Over the first few days of every month, property valuations firms, analysts and statisticians work tirelessly to compile and publish nationwide property price figures in respect of the previous month. When comparing the state of play in Spain and the UK, for instance, the contrast is pretty clear at this point in time; Spanish property prices are flourishing while the UK housing market is floundering.