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Spanish House Prices Are… Falling?

10 mins.
11 DECEMBER, 2020
Diego Mejía Mejía
Ignacio de la Torre de la Torre
Leopoldo Torralba Torralba
Real Estate Spain AER España AER Global AER Personal
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The Q3'20 data on home prices published today by the Spanish National Institute of Statistics (INE) have come as a surprise for many. Since the onset of the pandemic, we have been arguing that the combination of a number of factors made the situation in the real estate sector very different from the financial crisis of 2009.
What is our interpretation of the data released by INE?
How is the residential real estate performing in Spain?

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