The price of the house used drop in Spain 8,2% during 2011

All the Spanish markets have had a clear downward trend during the 2011, being Saint Cross of Tenerife the only capital of province that has seen like his prices kept (0,2%).

The city of Barcelona has seen to fall his prices 12,3% until situating in 3.548 euros/m², after the descent of 1,3% of 2010. The tendency to go down price has accelerated significantly during the year. The fall of prices in the city condal has been of 27,4% since it reached his maximum in the first quarter of 2007 (4.888 euros/m²).

Madrid finalises 2011 with a fall interanual in the price of the house used of 6%, what situates the price of the square metre in the capital in 3.478 euros. The fall accumulated is of 19,4% since it reached his historical maximum in the second quarter of 2007 (4.315 euros/m²).

Of the rest of big markets, the greater fall experiences it the city of Saragossa, where the owners of houses have recessed his expectations 12,9% in the last twelve months. Since it reached his ceiling in the fourth quarter of 2007, the descent has been of 32,5%. More slight have been the annual descents of the cities of Valladolid (6,3%), Seville (5,9%) and Bilbao (5%).

Logroño Has been the capital of province more punished by the falls of the prices and his owners have had to go down 16,3% the price of the inmuebles on sale. In Soria, the decreasings have been of 13,5%. And with falls of two digits are also the capitals of Córdoba (10,5%), Tarragona (10,1%) and Palma de Mallorca (10%).