August 4, 2020

The average price of housing increased 5.5% in 2018, according to the ST appraiser

The average price of housing increased by 5.5% in Spain in 2018, reaching 1,613 euros per square meter, according to a report by the Appraisal Society (ST).

By provinces, the largest increases occurred last year in the Balearic Islands (10.7%), Madrid (9%) and Barcelona (8.9%) and the lowest in Salamanca (0.3%) and Teruel (0.4%). %).

The highest average price at the end of 2018 was Barcelona (2,607 euros per square meter), followed by Guipúzcoa (2,429), and the lowest were those of Badajoz (860) and Ciudad Real (875).

Regarding the confidence index elaborated by ST, prepared through a survey of 700 professionals in the sector, it fell in the first quarter of 2019 by 1.1 points, to 55.9 points out of a hundred, compared to the 57 with which it closed 2018

The index of real estate effort (average of years of full salary for housing purchase) remained this last quarter in 7.3, as in the previous one and one tenth over that of a year ago.


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