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Price of rented housing in Spain stood at €11.34/m² in August, up 4.7% on August 2022, but down 2.2% on July

Alphavalue/DIVACONS| The price of rental housing in Spain stood at €11.34/sq m in August, 4.7% higher than in the same month of 2022, but 2.2% lower than in the previous month, making it four consecutive months of declines, according to data from the Fotocasa Real Estate Index. On the other hand, paying rent represents on average 42.67% of the salary of a citizen in Spain in 2023, which is 0.78…

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Rental prices in Spain hit another all-time high in July

Intermoney| According to the report published by the real estate portal Idealista, rental prices in Spain set another all-time high in July, reaching 11.9 euros per m2 per month. During the last quarter, prices have increased by +3.7%, accumulating a growth of more than 9% in the last 12 months. Within the capital cities, not only Madrid and Barcelona, but also Málaga and Valencia are at their highest levels since…