click to call

900 506 798

  • Tinsa, líderes en valoración y asesoramiento inmobiliario

Tinsa Tasacion y valoracion de todo tipo de inmueble

March Index 2012

The year-on-year fall in the value of housing increased to 11.5% in March

The General IMIE Index recorded the highest year-on-year decrease in the historical series during the month of March, with a drop of 11.5%, leaving the index at 1631 points. Since peaking in December 2007, house prices have seen a fall in value that now stands at a cumulative figure of exactly 28.6%.

 

 Índex
March 2011

 Índex
March 2012

Year-on-Year Variation

 General

1843

1631

-11,5%

 Capitals and Major Cities

1925

1683 -12,6%

 Metropolitan Areas

1779

1604 -9,8%

 Mediterranean Coast

1891 1687 -10,8%

 Balearic and Canary Islands

1576 1423 -9,8%

 Other Municipalities

1851 1629 -12%

With regard to the performance of the different market segments, “Capitals and Major Cities" once again recorded the steepest decline of 12.6% in March, followed on this occasion by the “Other Municipalities” with a fall of 12% compared with the same month last year. In both cases the reduction exceeded the market average.

General Index Evolution:

Below the market average were the municipalities of the "Mediterranean Coast" which saw a year-on-year decrease of 10.8%, followed by the "Balearic and Canary Islands" and the "Metropolitan Areas", which both presented a drop of 9.8%.


Relative Year-on-Year Evolution:

In relation to the overall decline since the market peaked, the “Mediterranean Coast ” showed a fall of 34.9% in March; followed by “Capitals and Major Cities” with 30.8%, “Metropolitan Areas” with 29.4%, the “Balearic and Canary Islands” with 25% and “Other Municipalities”, which refers to those not included in the other categories, with 24.9%.eries. 

Download Press Release                 Download March Index 2012