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SOCIEDAD DE TASACION

 

  • The Confidence Index grows for the third consecutive quarter and stands at 53.1 points out of 100, with only three autonomous regions below the break-even point (50).
  • The average price of new and existing housing reached 1,903 €/sqm in September after a year-on-year increase of 3.6%, and maintained its upward trend
  • Sociedad de Tasación estimates that, at the end of 2024, the average price of new and existing housing will continue to grow at 3.6% year-on-year.
  • The increase in house prices is generalised in the 17 autonomous regions, with a positive year-on-year variation ranging from 1.4% in Extremadura to 6.4% in the Balearic Islands.
  • The Balearic Islands recorded an average house price of 2,646 €/sqm and already surpasses Catalonia (2,609 €/sqm) as the autonomous region with the second highest figure, only surpassed by Madrid (3,030 €/sqm).
  • The cost of new construction reached 1,275 €/sqm at the end of the third quarter of 2024 after an increase of 1.9% over the last year.

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

 

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