Spanish House Prices Reach Highest Level in a Decade
A residential apartment block in Barcelona, Spain.
Photographer: Angel Garcia/BloombergThis article is for subscribers only.
The average asking price for Spanish homes rose to €2,011 per square metre in September, the highest level since May 2012, as buyers look to make purchases before further increases in mortgage rates.
Prices climbed 6.3% compared to the same month a year earlier, the biggest annual increase since April 2019, according to figures published by property website Fotocasa yesterday.