The price of rental housing experienced in June a quarterly decrease of 0,2%, the first drop recorded in this period after six years of increases, according to data from the Real Estate Index Fotocasa.

“The price of housing for rent in the second quarter shows that prices have hardly changed with respect to those registered in March 2020”, warns the director of communication of Fotocasa, Anaïs López, who adds that, However, in year-on-year terms the price of rental housing is still increasing by 9% and even in these first six months of the year, interannual increases close to the 10%.

Likewise, states that this is because there is currently a high demand for rental housing and the existing supply is not necessary. “As long as supply and demand are not more balanced, we will continue registering increases in the rental price.”, pointed.

Despite the decrease in the national average, he 76% of the autonomous communities presented positive quarterly data in June 2020. Murcia region, with an increase of 7,4%, It is the region that most increases the price in this period.

Follow him, the communities of La Rioja (5,8%), Asturias (5,4%), Castilla y León (3,3%), Cantabria (2,9%), Castilla la Mancha (2,8%), Aragon (2,8%), Galicia (2,2%), Valencian Community (1%), Basque Country (0,8%), Madrid (0,7%), Navarra (0,5%) and Andalusia (0,1%).

Conversely, Canary Islands (-3,9%) Baleares (-3,3%), Catalonia (-3,2%) and Extremadura (-0,9%) they are the only ones that registered decreases in their prices in June.

[Source: Five days]