There’s a great post from Martin Dell at Kyero about getting accurate information on Spanish property prices, have a read here:
http://news.kyero.com/2009/2/19/finally-realistic-spanish-property-trends
The highlights for those who want it quick:
* Data on house sales in Spain has always been sketchy (or downright misleading – my emphasis)
* Tinsa, a leading company of property assessors, has compiled their own data, taking into account real figures
* Their index of property prices shows that in Jan 2009 we are at the same level as Jan 2006
* Using the data from Tinsa we will be able to see when the property economy starts to improve
So, what do you think of the data, does it look accurate to you?
Debs
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Tags: spanish property data, tinsa
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Yes on the face of it this data looks reasonable. Property prices have certainly fallen in Moraira though probably not as dramatically as in as Costa Blanca South. The data may not be 100% acurate for all areas but can be useful as a guide and starting point for discussion
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