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Housing Prices Rise 5.2% in August

The biggest differences concerning August last year were on the islands, smaller towns located in the peninsular interior, and on the Atlantic coast, according to Tinsa.

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New and used housing maintained the trend of price growth in August. Specifically, the IMIE General and Large Markets index, which tracks home prices in Spain based on Tinsa appraisals, reported a year-on-year upturn of 5.2% last month and an increase of 0.4% compared to July 2021.

In this sense, the greatest year-on-year differences came on the islands (7.9%), in inland and smaller municipalities (7.1%), and the Mediterranean coast (6.1%). For their part, metropolitan areas rose last month by 4.9%, and capitals and large cities by 3.8%.

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