The price of used housing for sale rises in February.
The price of used housing in Spain has registered an increase of 0.4% during the month of February, standing at 2,056 euros/m2, according to the latest Idelaista real estate price index . This figure is 7.2% higher than that of the same month last year while it is 2.8% below the historical maximum price of housing in Spain, recorded in June 2007.
The supply of homes for sale has decreased by 8%
The supply of homes for sale on the market has decreased by 8% year-on-year during the fourth quarter of 2023, according to the latest Idealist study. This loss of stock has been accentuated in the final stretch of the year, with a four-point drop compared to September. Most capitals now have fewer homes for sale than there were a year ago, with Barcelona (-14%), Palma and Valencia (both with -17%) exceeding the national average, while in Malaga (-8%) , Madrid (-4%) or Seville (-2%) decreased somewhat less.
