Two Speed Property Market In Spain According To New Report
Published: 9th January 2017
A new report from the Spanish propery portal Idealista has shown that Spain is now experiencing a clearly defined 'two-speed' property market, with prices rising consistently in the cities, but falling in the rural areas.
The report shows that whilst both urban and rural property prices in Spain have experienced a receovery since 2013, they have started to go in different directions from the second half of 2015. Whilst prices in the cities have shown a growth of approximately 1.7% for the 12 months up to November 2015, the national average for property in a rural area has fallen by 4.3%.