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House Prices Fell by 1.1% from March to June During the State of Emergency

House prices fell by 1.1% in Q2 with respect to March, according to the Tinsa index. Despite that, the index continued to grow in interannual terms by 1.5%.

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The average prices of finished homes (new and used) in Spain are showing the first signs of decreases, warns the consultant, as activity resumes following the end of the State of Emergency decreed in March due to the health crisis.

In this way, Tinsa’s IMIE General and Large Markets statistics index stood at 1,527 points in June, representing a decrease of 1.1% compared to the level in March. Despite that, the index continued to grow in interannual terms by 1.5%.

Read the full article in Spanish.

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