Year 2012

12 results.

December 2012 Imie Index

House prices fell by 11.3% in 2012

The highest fall of 14% was suffered by Capitals and Major Cities. The Mediterranean Coast, which has experienced the highest declines in previous years, fell by 12.5%.

The year-on-year decline in the General IMIE index slowed in December to 11.3%, one point below the figure for the previous month. The slowdown is attributed to a higher number of transactions driven by the end of tax benefits and the change in VAT, both effective from 31 December. The cumulative variation since house prices reached their highest level in December 2007 remained virtually unchanged compared to November, at 33.3%.

November 2012 Imie Index

November posts 12.3% year-on-year decline in house prices, in line with previous quarters

The Mediterranean Coast and Metropolitan Areas continue to be the areas most affected by falling prices, while the Balearic and Canary Islands were the least affected.

The General IMIE index fell by 12.3% year-on-year in November, very similar to the previous month, to a level of 1514 points. The accumulated decline from the top of the market in December 2007 was 33.7%.

The fall in house prices increased at the start of the last quarter

Capitals and Major Cities continue to fall the fastest.The least affected markets are the Balearic and Canary Islands.

The year-on-year decline in the IMIE General index intensified during October to 12.5%, after the index reached 1525 points. The cumulative decline in house prices since the top of the market in December 2007 was exactly 33.2%.

The general index ends the summer with declines of more than 11%

The cumulative decline increased by 5 tenths in September to 32.9%. Capitals and Major Cities recorded the highest fall compared to other areas.

The IMIE General Index recorded a year-on-year decline of 11.6% in September, similar to the previous month, pushing the index down to 1532 points. The cumulative decline in house prices since the top of the market in December 2007 was exactly 32.9%. x

House prices continued to fall in August

Prices along the Mediterranean Coast have now fallen by an average of 40% from their highest levels. The Major Cities segment is experiencing greater downward pressure on prices.

The General IMIE index recorded a year-on-year decline of 11.6%, slightly higher than the fall recorded in July, ending the month at 1545 points. The cumulative decline in house prices since the market peak in December 2007 is 32.4%.