Rentals are growing faster than sales prices
The real estate market evolves differently when we talk about selling or renting.
At national level, leases prices increased 14.5% year-on-year, compared with 7.7% of the increase in house sales prices.
These values are calculated from the figures for the III. Quarter of the year.
Madrid and Barcelona are the exceptions, as we find a certain rent tiredness in the two big cities.
The rental and purchase prices of real estate in Spain have developed at different rates in the last five years following the economic crisis.
The percentage increase in lettings in Spain has been in the two-digit range for two years, reaching in the III. Quarter of 2018, the national average of € 10.6 / sqm, an increase of 14.5% over the previous year.