The house price has fallen by 2.78% in the first quarter of 2011 compared to last December 2010, the report said quarterly sales prices for apartments developed . com.
The study reveals that the average house in Spain in March 2011 had a price of 2,258 euros per square meter, representing an decrease of 0.91% compared to February, when the average price was of 2,279 euros per square meter.
pisos.com Director General, Miguel Angel Aleman, said that "the fall of house prices is accelerating since the beginning of the year" and added that of all properties published in the portal, a 4.54% lowered their prices in March.
On the other hand, Alemany also referred to more expensive mortgages as possible influence on the price decline. "If before a person with a certain economic strength could hold certain offers, with a rise in interest will have to lower their expectations, "he admitted. In addition, the director of pisos.com believes that vendors could lose potential buyers if they do not make certain price adjustments.
BASQUE COUNTRY, THE MORE EXPENSIVE REGION
According to the report of the real estate portal, the most expensive region to live is the Basque Country, where it costs 3,093 euros per square meter , followed by Madrid (2842 euros) and Catalonia (2,600 euros). The cheapest are Castilla-La Mancha (1,403 euros), Extremadura (1,527 euros) and Murcia (1,753 euros).
addition, the study also notes that during the last regions in March 1910 increased the price of housing in Spain, among which Almería (3.80%), Melilla (2.14 %), Saragossa (1.88%) and Salamanca (1.81%).
quarter, there were seven regions which increased their prices, highlighting Soria (5.10%), La Coruña (3.11%) and Badajoz (1.87%).
Finally, the quarterly report includes the average prices of 348 English municipalities, of which Sitges (Barcelona), with 4,783 euros per square meter, Getxo (Vizcaya), with 4,222 euros and Berango (Vizcaya), with 4,039 euros, are those that showed a higher prices.
Via Europapress
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