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ST Sociedad de Tasación Quarterly Report 3 Quarter 2022

  • Climbing 2.5% in H1 2022, the average price for new-builds and existing housing reached €1,751 per sqm in June 2022.
  • Provisional data released by Sociedad de Tasacion suggests that the price of new-builds and existing housing will start to grow at a slightly more modest rate during H2, after registering 2.2% growth in the 6-month comparison in September 2022.
  • The ST Real Estate Confidence Index fell to 52.5 points in Q3 2022, the first decline following two consecutive years of growth.
  • The construction cost for new-build housing ticked up by 4.32% in Q3 2022, reaching €1,159 per sqm.

Full details of the last report can be checked at the following link: ST Sociedad de Tasación Quarterly Report 3 Quarter.


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