The price of housing in Spain rose 0.7 % in the third quarter of 2013

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The price of housing in Spain rose 0.7 % in the third quarter of 2013, the first increase since the second quarter of 2010, the housing price index (HPI ) compiled by the National Statistical Institute said 10 autonomous communities recorded increases, led by Balearic islands ( 2%) and Valencian Community ( 1.8%), however year on year it fell by 7.9%

Property prices in Spain have risen 0.7% in the last quarter

The annual rate of new housing fell by 7.9%, almost five points higher than the previous quarter, meanwhile the annual variation of the resale market decreased by 8%. Rates of a decrease by regions are, Ceuta (-3.8 %) , Basque Country (-5 %) and Cantabria (-5.4 % ) are recorded under the autonomies price falls, on the contrary, Murcia (-15 % ), Extremadura (-14 %) and Castilla-La Mancha (-12.9 %) are the regions where the greatest price falls were recorded.

in terms of quarterly performance , the price rose 0.7 %, the first increase since the second quarter of 2010. by type of housing, new housing prices rose 2.3 % and used housing , 0.1%

most CCAA had positive quarterly rates in the third quarter of this year. the largest increases were recorded in Balearic Islands ( 2%) and Valencian Community ( 1.8%). communities whose prices have fallen further in the third quarter were autonomous community of Navarre (-1.3 %) and asturias (-1.2 %)

Property price change per country – (Data supplied by Frank Knight Residential Research)

(Data supplied by Frank Knight Residential Research)

Spain Saw a Record 8.3 Million Overseas Visitors in August

03:49 PM · Comments Off · Categories: News from Marbella Costa del Sol · Tags: record, rise, spain, tourists, visitors

Based on Frontier Tourist Movement Survey (Frontur) produced via the Ministry of Industry, Energy and Tourism’s Division of Tourism Information Studies, Spain was travelled to by a total of 8.3 million inward bound visitors in August 2013. The number is an rise of 7.1% above the same month in 2012 and also sets a brand new all-time record for the Frontur survey.

The French marketplace created the biggest contributions to the net upsurge in tourists in August, even though the United Kingdom, Germany and the Scandinavian countries also registered notable growth.

Spain received a total of 42.3 million international visitors in between January and August symbolizing a year-on-year boost of 4.5%. The Scandinavian nations made the biggest contribution to net growth within this period and Russia, consequently, posted the biggest year-on-year change having an increase of 30.7%.

The uk lead the list of emitting market segments in August, accounting for 24.3% of the total and a rise of 6.8% on the same month of 2012. The growth benefited all the main tourist areas, however the Balearic Islands and Catalonia recorded the very best results in this aspect. Within the first eight months of the year, over 10 million Uk visitors vacationed in Spain, a rise of 4.8%.

France – the 2nd emitting marketplace in the month, and for the period from January to August – accounted for 21.7% of all visitors going to Spain in August and documented the greatest month-to-month increase in complete terms with nearly 153,000 more tourists, almost all which travelled to Catalonia, accompanied by, to a significantly lesser degree, Valencia and the Canary Islands. An overall total of 6.9 million French tourists visited Spain in between January and August, symbolizing an increase of 6.2%.

Germany also posted substantial growth, of 13.5%, within the same month this past year. The Balearic Islands gained most having an increase of about 23%. Andalusia and Valencia also benefited from raises. A total of 6.6 million German tourists frequented Spain in between January and August, a marked improvement of 4.2%.

The Scandinavian countries accounted for 4.3% of all incoming tourists to Spain, with an increase of 18.9%. The Balearic Islands and Valencia were the main regions to benefit out of this increase. Expansion from this market stands at 18.1% so far this year.

The actual speed of decline noticed in recent months from the Italian market slowed down to 7.1% in August. Since January, a total of 2.3 million Italian tourists have frequented Spain, symbolizing a decrease of 11.9%.

Among the list of remaining marketplaces, the study pointed out the continuing growth in Russian tourists, having a total of 1.1 million tourists traveling to Spain so far this year, a year-on-year growth of 30.7% in the first eight months of 2013.