Resale asking prices for property in Spain fell 0.4% in July compared to the same month last year, according to the index published by Idealista.com, a leading property portal. The problem is average asking prices in Spain are a long way from the reality of what buyers are prepared to pay. Vendors are now asking [...]

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The biggest jump in residential mortgage debt for 13 months suggests improving housing market spirits. Outstanding residential mortgage debt grew in June by 1.4% to 684 billion Euros, according to figures released yesterday by the Bank of Spain. This is the biggest rise in the mortgage debt for 13 months. Mortgage debt has not risen [...]

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Spain will be one of the developed countries where property prices are hardest hit by an ageing population, argues a new report from the Bank of International Settlements (BIS). It forecasts that by 2050, an increasingly elderly population will leave Spanish property prices 75% lower in real terms than they would have been without the [...]

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