Annual Spanish property price inflation 15.7% in first quarter of 2005
Article Date : Saturday, April 30, 2005
The Spanish Ministry for Housing has announced that average Spanish property prices increased by 15.7% in the 1st quarter of 2005 compared to the same period in 2004. This represents a slight deceleration in property prices compared to the 17.4% registered in December 2004, and has been welcomed by the Spanish Government as a sign that a 'soft landing' is taking place in the Spanish property market. A full analysis of these latest quarterly results will be presented in Spanish Property Insight's next news bulletin.