The price of second-hand housing in Spain has been in the 1.562 euros per square meter in October, which means a decrease in 1,8% compared to the previous month, but a rebound from 3,2% year-on-year, according to the latest idealist price index.

The price of second-hand housing in Spain has been in the 1.562 euros per square meter in October, which means a decrease in 1,8% compared to the previous month, but a rebound from 3,2% year-on-year, according to the latest idealist price index.

Specific, the price has increased only by 2 communities: Madrid (+0,9%) and Balearic Islands (+0,8%) and in all the others the price was reduced during the month of October.

The biggest fall is the one experienced in Murcia (-3,8%), followed by Castilla La Mancha (-3,4%), the Valencian Community (-3,1%) and La Rioja (-2,9%). The decreases in Andalusia have also been relevant (-2,6%), Navarra and Catalonia (-1,5% in both cases).

The Basque country (2.505 euros per square meter) continues to be the most expensive autonomy, followed by the Community of Madrid (2.502 euros) and Balearic Islands (2.401 euros).

On the opposite side of the table are Castilla La Mancha (902 euros), Estremadura (939 euros) and Murcia (1.017 euros), which are the cheapest communities.

PROVINCES

By provinces, only seven register higher prices than a month ago. The greatest increase has been in Madrid and Salamanca (+0,9% in both cases), followed by the Balearic Islands (+0,8%), Las palmas (+0,6%) and Malaga (+0,3%).

Conversely, the biggest drop has occurred in Toledo and Almería, where the owners ask for a 5,9% less for their homes. They are followed by the falls of Soria (-5,6%) and Castellón (-5,1%).

The ranking of the most expensive provinces is maintained headed by the Basque provinces of Guipúzcoa and Vizcaya, with 2.716 euros per square meter and 2.586 euros per square meter, respectively. Behind them are Madrid (2.502 euros) and Barcelona (2.437 euros).

While, Toledo is the cheapest province with a price of 783 euros for every square meter, together with Ávila (830 euros) and Ciudad Real (853 euros).

CAPITAL

During the month of October the number of capitals that have risen in price has been 13, the most pronounced being that of Palma, where the expectations of the owners grew a 2,2%. In Cuenca the increase has been 1,9%, while in Madrid it has remained in the 1,6%.

In Malaga the rise has been from 1,5%, while in Las Palmas de Gran Canaria it has been 1,3%. Soria has scored, meanwhile, the biggest drop this month (-6,9%), followed by Lleida (-6,1%), Huesca (-5,5%), Almeria (-4,1%) and Castellón (-3,3%).

Barcelona remains the most expensive city in Spain, with 4.333 euros per square meter , followed by San Sebastián (3.924 euros) and Madrid (3.212 euros), while Lleida is the cheapest (890 euros).