Spain's house prices continued their decelerating growth in early 2020, as housing demand slowed down. In Q1 2020, nominal house prices grew by 3.2 percent year-on-year with real house prices growing slightly more. These figure are significantly lower than those in Q1 2019, signalling a slower pace than in previous years. Nonetheless, these figures are far cry from the financial crisis in 2008 and the early 2010s. Then, house prices decreased for five years in a row with house prices only increasing again since 2015.
Percentage change on previous year of residential property prices in Spain from Q1 2007 to Q2 2020
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Statista. (November 2, 2020). Percentage change on previous year of residential property prices in Spain from Q1 2007 to Q2 2020 [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1150623/annual-house-price-change-in-spain/
Statista. "Percentage change on previous year of residential property prices in Spain from Q1 2007 to Q2 2020." Chart. November 2, 2020. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1150623/annual-house-price-change-in-spain/
Statista. (2020). Percentage change on previous year of residential property prices in Spain from Q1 2007 to Q2 2020. Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1150623/annual-house-price-change-in-spain/
Statista. "Percentage Change on Previous Year of Residential Property Prices in Spain from Q1 2007 to Q2 2020." Statista, Statista Inc., 2 Nov 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1150623/annual-house-price-change-in-spain/
Statista, Percentage change on previous year of residential property prices in Spain from Q1 2007 to Q2 2020 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1150623/annual-house-price-change-in-spain/ (last visited November 13, 2024)
Percentage change on previous year of residential property prices in Spain from Q1 2007 to Q2 2020 [Graph], Statista, November 2, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1150623/annual-house-price-change-in-spain/
