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Home sales up 7pc in Q1

A new report from Spain’s Property Registrars suggests that transactions – the lifeblood of the property market – are bottoming out, though it is still too early to declare a recovery under way.

The number of property deeds of sale inscribed in the property registry rose by 7% in Q1 compared to same period last year, according to the latest report from Spain’s College of Property Registrars. This is the first time in several years that annualised sales have risen in a quarter.
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Spanish House Price Index - Historic Data

This graph represents the year-on-year evolution of Spanish property values since January 2001. For example, if the value for August 2002 would be 8.9, then this means that average property prices in August 2002 were 8.9% higher than they were a year earlier, in August 2001. For the most recent information, see the latest monthly report.

The graph is based on actual property valuations, as established by one of Spain's larget independent property valuation companies, Tinsa S.A. It is not based on asking prices or registered selling prices, nor on the statistics as provided by the Spanish Ministry of Housing, and is therefore considered to be the most acurate and reliable source for this kind of information.

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