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The Government's rental price index is 32% lower than the market price, according to Idealista

MADRID, 13 Mar.

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The Government's rental price index is 32% lower than the market price, according to Idealista

MADRID, 13 Mar. (EUROPA PRESS) -

The Government's rental price index, which places the price per square meter nationwide at 7.9 euros, is 32% lower than the price per square meter announced in Idealista in February 2024, of 11.6 euros , as the platform itself warned this Wednesday.

Furthermore, the housing platform has compared prices against the 2022 sample used by the Ministry to prepare the index, which includes prices 19% lower than those reflected by the market.

Through the housing price index, the Government seeks to reduce rental prices in the so-called stressed areas, but Idealista warns that this index could contribute to the lack of supply of rental housing.

The largest differences in the capitals between the price index and the price recorded by Idealista are found in Valencia (47% lower than the price recorded by Idealista), Palma (-43%), Lugo (-41%), Alicante , Cuenca and Málaga (-40% in the three cases), Barcelona (-36%), Madrid (-24%) and Seville (-24%).

Melilla (-11%) marks the smallest difference between index prices and Idealista prices, followed by Córdoba (-20%), Ciudad Real (-22%) and Valladolid (-23%).

Idealista has also highlighted the reduction in housing supply, especially in capitals such as Cuenca, where supply has fallen by 63% compared to 2017, followed by Pontevedra (59%), Barcelona (58%), Zamora (54%), Valencia (45%), Seville (42%), Madrid (32%), Palma (23%) and Alicante (6%). On the other hand, Malaga has increased its offer by 50%, possibly due to its growth as a technological 'hub' in southern Europe.

Keywords:
Idealista