El precio marca máximos desde 2012, pero su subida se modera al 3.1%

He average house price free during the second quarter of this same year has moderated the growth to 3.1% in the interannual rate up to €1,637.4 per square meter, the highest amount that has been recorded since the first three months of 2012, at which time It exceeded €1,649. Despite the rise in prices, the average price of housing has softened this growth if we compare it with the first quarter of the year, in which it became 4.4% more expensive compared to the same period of the previous year, according to data published by the Ministry of development.

Data and conclusions

Regarding the month-on-month rate, house prices remained stable during the second quarter. In the historical series of this statistic, the average value per square meter in the second quarter of the year was 22% lower than the maximum reached in the first quarter of 2008, when the boom in the real estate sector was experienced, with 2,101 euros . Since the minimum value during the crisis in the third quarter of 2014, the price has recovered by 12.4%.

During this year, between the months of April and June, all the autonomous communities except the Basque Country (-0.1%), La Rioja (-2.1%) and Castilla y León (-0.2%), presented interannual increases, highlighting Madrid (5.2%), Catalonia (4.3%), the Balearic Islands (5%) or the Canary Islands (4%). These are more moderate percentages than those three months earlier, when in Madrid or Catalonia the price rose to 8.3% and 5.9%, respectively.

Regarding the age of the home, the average value of the square meter up to five years old was €1,883.2, during the second quarter of 2019, the 4% higher. Housing more than five years old reached 1,629.6 euros per square meter, 3.1% more. In both cases, the price per square meter is the highest recorded since the first quarter of 2012. Regarding subsidized housing, the average price in Spain was €1,124.2 between April and June (0.5% lower ). Among the municipalities with more than 25,000 inhabitants, the most expensive prices were in San Sebastián (€3,620.6/m2); San Cugat del Vallès (€3,438/m2) and Barcelona (€3,417.3/m2). Followed by Palma de Mallorca (€2,096.5/m2); Castelldefels (€3,087/m2); Madrid (€3,223/m2); Majadahonda (€3,030/m2); Pozuelo de Alarcón (€3,186.2/m2); Getxo (€2,962.1/m2); Tres Cantos (€2,540.8/m2); Bilbao (€2,433.2/m2), etc.

House prices began to fall at the end of 2008, when they continued year-on-year for 26 quarters. Regarding the real estate appraisals used to calculate home prices during the second quarter, it was 130,781.