Real estate valuation company Tinsa has reported price rises along the Mediterranean coastal regions of Spain and a slowing of price falls across Spain as a whole.
Tinsa’s General and Major Markets bulletin for March 2015 says residential property prices nationally fell by 2.8% nationally, less dramatic than recent months and the best March figure for seven years. Data for the Mediterranean regions showed prices rising by 0.2% year-on-year.
Prices in Spain’s major cities fell 2.1% since the same point last year and were down 1.7% on average on the Spanish Islands. There were disappointing figures for the country’s major cities, where price falls increased to 5.3% year-on-year.