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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at El precio medio de la vivienda en Cataluña se mantiene estable en febrero

The average price of housing in Catalonia remained stable in February

11/03/2010

March 11, 2010

According to the real estate index fotocasa.es the average price of the home of second hand in Catalonia remained stable in February with a slight decline of - 0.1%, what is the price in 3.160 euros per square meter. In the past year (from February 2009 to February 2010) there has been a fall of - 4.2 per cent. With this decrease, is completing 26 consecutive months (since January 2008) with annual decreases in the value of the home.

The historical maximum price of housing in Catalonia by the real estate index fotocasa.es was reached in December, 2007 (3.864 euros per m2). Since the maximum value the price of housing in Catalonia has fallen a - 18.2%, i.e. 704 euros per square meter.

Country Basque, Catalonia, Madrid, Cantabria, Navarra and Aragon are the six autonomous communities which have a price more expensive means of housing of Spain and which are above the national average.

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