Overview

• Used-home prices remain elevated nationwide, with Idealista reporting July at 2,471 €/m2 (+14.7% year over year) and pisos.com placing the average at 2,409 €/m2.
• August rents rose 10.5% year over year to 14.5 €/m2 nationally, while Murcia’s increase was a milder 5.7% to 9.1 €/m2 and some cities such as Málaga saw two consecutive monthly declines.
• Local extremes persist in Galicia, where Fotocasa cites a 68.7% annual jump in Marín and a 25% rise in Moaña, contrasted with an 11.2% gain in Pontevedra city.
• Fotocasa reports the Valencian Community up 24.1% year over year, with a typical 80 m2 flat now marketed at about 195,700 euros, roughly 92,000 euros more than in 2015.
• Very low advertised prices often mask atypical cases, such as a 9,000-euro house in Ulldecona listed ‘to reform,’ a 390 m2 home in Berriz flagged ‘fuera de ordenación,’ and a 162 m2 property in Colmenar de Oreja for 95,000 euros that also needs renovation.