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WHAT WILL HAPPEN TO HOUSING PRICES IN THE NEXT THREE YEARS?
4th July 2023The report by Euroval, titled 'Proyección Precios Medio Provinciales 2023-2025', reveals that housing prices in Spain will follow a zigzag pattern instead of linear growth. It is expected that prices will increase by around 1.97% annually over the next three years, resulting in a total increase of 6%. However, there is a significant disparity between provinces, with the highest relative increases projected in the central provinces of Spain and some in Andalusia. In absolute terms, Madrid is expected to have the highest housing prices, followed by Guipúzcoa, the Balearic Islands, Barcelona, and Vizcaya. In contrast, prices are expected to decrease in the provinces of Palencia, Soria, and Zamora in Castilla y León.