The first quarter of 2011 has returned to take another bite of the house prices. Square meter of private housing was a fall of 4.7% in the first quarter compared to the same period in 2010 while on month decline was 2.6%, one of the most serious of recent years. From its peak in March 2008 the price per square meter collects a drop of 15.4%.
According to statistics from the Ministry of Development, the square meter of private housing was paid in the first quarter to EUR 1777.6.
to official statistics, based on the data provided agency employers appraisers, Atas, also reflects a significant fall of 51.5% number of homes priced up to March compared to those taken into account in the previous quarter and 46.4% less than a year ago, a fall attributed Development "the decline in housing production in recent years."
all communities are depreciated
For communities, the largest price declines occurred year on year in the Community of Madrid (-8.9%), Navarra (-8.3%) Cantabria (-7.0%) and Valencia Community (-6.3%).
On the opposite side, Ceuta and Melilla (-1.4%), Extremadura (-1.5%), La Rioja (-2.3%) and Aragón (-2.7%), marking the smaller decreases. In Catalonia, the house has fallen by 4.5%.
Thus, the overall rate of housing price (free and protected) recorded in the first quarter of 2011 decreased by 4.6% over the same period of 2010. The annual change was -2.5% MoM.
For free housing for more than two years, the price reached 1764.8 euros per square meter, down 5.3% annual rate.
Madrid, 900 euros less per meter
compared with data caps three years ago show that all major English cities, with the exception of Sevilla, have fallen more than the state average:
Barcelona: 3802 (March 2008) --- 3103 (March 2011) - 18.38%
Madrid: 3842 (Mar. 08) --- 2921 (Mar. 11) - 23.9%
Valencia: 2475 (Mar. 08) --- 1719 (Mar. 11) - 30.55%
Bilbao: 3,741 (Mar. 08) --- 2863 (Mar. 11) - 23.46%
Sevilla: 2,454 (Mar. 08) --- 2092 (Mar. 11) - 14.72%
Málaga: 2366 (Mar. 08) --- 1765 (Mar. 11) - 25.37%
Zaragoza: 2,732 (Mar. 08) --- 1914 (Mar. 11) - 29 92%
Alicante: 2,002 (Mar. 08) --- 1,295 (Tues 11) - 35.32%
For municipalities with more than 25,000, the highest prices were in San Sebastian, 3762.3 euros/m2, Sant Cugat del Vallés, euros/m2 3282.6, 3224.3 euros/m2 Getxo, Barcelona, \u200b\u200b3103.5 euros/m2, Pozuelo de Alarcón, EUR 2964.0 / m2 2921.0 euros/m2 Madrid.
The price lowest recorded in the municipalities of Hellin, 759 per m2, Tomelloso euros/m2 782.9, 843.4 Petrer euros/m2 and Elda, 845.9 per m2.
Source: Mundo.es
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