The average of the completed housing prices (new and used) they returned to fall in August after seven consecutive months of increases. In particular, According to the general index that makes the appraiser Tinsa, the market value of homes fell a 0,5% last August on month of 2015.
Since he punctured the housing bubble and the economic crisis began in 2008, It is usual that August always fall the price of housing in interannual terms. While this decline last month moderated notably, Since the above-mentioned decline of the 0,5% represented the lower year on year drop since 2008.
Prices went up more forcefully on the coast, with an increase of the 6,2%
He greater recoil of the prices of the housing in August is recorded, according Tins, in 2012, When the cut was of the 11,6%. Although in later years the collapse of the value of the houses in August was moderating to the -9,3% in 2013; -4,3% in 2014, and -0,9% in the month of 2015.
Regard to the recovery of the prices of them estate in what goes of year, in terms accumulated the houses looked at increasing their prices a 0,2% between January and August, facing a cut of the 1,1% which recorded average prices in the first eight months of 2015.
However, the value of the homes is still a 42,1% cheapest since it marked peaks in 2007.
Disparate behavior
However, the behavior of prices was very different depending on the location of real estate. Like this, them located in the coast Mediterranean experienced an increase of their prices of the 6,2% Interannual;and the value of real estate in the Balearic and Canary Islands also went up a 2% with respect to August from a year ago.
On the other hand, the prices of dwellings in villages and small towns were those who most saw falling prices, a 2,8%;followed by metropolitan areas, that cuts were recorded from the 1,5% and, At last, located in capitals and large cities, where was the fall in prices somewhat more mitigated, with a decline of the 0,9%.
However, the increase in the value of the homes on the Mediterranean coast is part of the process of recovery of the real estate market, Since in the area they had started from the higher depreciation, with the fall of the value of the property of the 46%.
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