Monday, March 10, 2008

Monthly declines in the average price of housing in Spain

The second-hand housing in La Rioja down a slight percent in February

The average price of second-hand housing in La Rioja stands at euros per square metre for the month of February, an increase of percent over . These data are derived

from the real estate fotocasa.es Index, developed by the IESE Business School.

If one looks at the evolution of the price of housing in La Rioja in the last twelve months

In the ranking of autonomous communities with the average price of housing higher, La Rioja ranks

number nine ahead of Andalusia M2 and Galicia and behind Baleares As for the price of housing in the capital of La Rioja, in Logroño the square meter is paid in

February at euros, which represents an increase of percent in the last month. Over the

past twelve months , housing has fallen into a Logrono oercent.The index reflects the trend fotocasa.es real estate market some time prior to the rest of

existing statistics because it is based on the price of intent to sell and its variations. The

findings of the index should therefore be taken up subsequently in the indicators are based on

final sales price. It was inwhen the index began to register property fotocasa.es

monthly declines in the average price of housing in Spain.

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