The price of second-hand housing increases by 0.6% in the month of February

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The average price of second-hand housing in Spain stood at € 1,887 / m2 in February and increased by 0.6% compared to January, according to data from the real estate portal Fotocasa. This slight monthly increase continues in the bullish tone of all last year, although they are slight monthly increases. Thus, during the past 2018 the monthly increases have been moving between 0.3% and 0.9%. The sharpest increase occurred from April to May when the price rose 1.3%.

With respect to the interannual variation, in February 2019 the price of second-hand housing rose by 8% and resulted in 29 months of consecutive year-on-year increases. In fact, the last seven months the interannual variation is above 7% and last September recorded the sharpest interannual variation of the entire historical Fotocasa Real Estate Index with 7.8%. Now, the interannual increase of this month of February is the most marked of all the history.