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Official data confirm the information on the growth in property prices in Spain

09.03.16
Real estate market experts in Spain indicate that the country has for the first time since 2007, started rising prices. Thus, in the 2015 square meter rose by 5.4%.
Ministry of Public Works of Spain in its statement showed that the average house price growth was 1.8%. The leading position occupied the Balearic Islands, where the cost of real estate has risen by 5.45%. At the same time, in Cantabria recorded decline of 4%.
Another major appraisal company - Tinsa, published their data, which are slightly different from previous ones. According to the information submitted them, the cost of real estate in Spain rose by an average of 2.7%. The most significant increase in prices recorded on the Mediterranean coast, which was 6.1%.
It is worth noting that compared to the values ​​recorded in the peak in 2007, the Spanish real estate has lost 40-50% of its value.
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