Madrid and Barcelona: housing prices continue to rise in most of their neighborhoods
The square meter continues to increase in value in both capitals, although the rate of growth is slowing down and, in some districts, declines are already being seen.
The housing market in Spain is showing signs of cooling down, with a 4% drop in sales in June, marking six consecutive months of decline. Despite this, housing prices continue to rise, with a 15.6% increase in the second-hand segment over the past year, reaching an average of 3,166 euros/m2. In Madrid, the price per square meter has increased by 8.2% annually to 6,624 euros, while in Barcelona, it has risen by 4.2% to 5,375 euros/m2.
The growth rate of prices is slowing down, with some districts in Madrid already experiencing price drops.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
