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MADRID, 8 Jun. (EUROPA PRESS) -
The price of free housing rose by 8.5% in the first quarter year-on-year, more than two points above the previous quarter and its biggest rise since the third quarter of 2007, according to the Housing Price Index (IPV) of the National Institute of Statistics (INE) published this Wednesday.
With the rebound in the first quarter, which is more than two points higher than that of the previous quarter, the price of free housing now accumulates 32 quarters of year-on-year growth.
By type of housing, the price of new housing soared 10.1% compared to the first quarter of 2021, four points above the year-on-year rate registered in the last quarter of last year and the highest since the first quarter of 2019.
For its part, the price of used housing increased by 8.2% year-on-year, almost two points more than the previous quarter and its highest rate of growth since the second quarter of 2007, just before the start of the financial crisis .
In quarter-on-quarter rate (first quarter of 2022 compared to fourth quarter of 2021), the price of housing rose by 2.6% between January and March, its largest quarterly increase since the second quarter of 2018, when it also grew by 2.6% .
By type of home, the prices of new homes increased by 3.2% between the fourth quarter of 2021 and the first of this year, their biggest rise since the third quarter of 2020, while the prices of second homes handheld rose 2.4%, their highest rate since the second quarter of 2021.
