Lanzarote Magazine » Property http://www.lanzarotemagazine.co.uk Fri, 21 Oct 2011 10:09:58 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 House Prices Fall 4.3% In The Canaries http://www.lanzarotemagazine.co.uk/2009/09/house-prices-fall-4-3-in-the-canaries/ http://www.lanzarotemagazine.co.uk/2009/09/house-prices-fall-4-3-in-the-canaries/#comments Fri, 25 Sep 2009 08:12:45 +0000 admin http://www.lanzarotemagazine.co.uk/?p=71 Canary Islands house prices fell by 4.3% during the first quarter of 2009.  According to data published recently by Spain´s INE – the National Institute of Statistics.

The INE national house price index tracks price changes in each region of Spain.  Where the national picture shows a dip in prices of 7.6%.  So the performance of the Canarian property market is at least ahead of this negative trend.

Data is only collated region by region though – so it´s not possible to discern exactly what has happened to house prices on Lanzarote.  Although clearly asking prices have softened considerably over the course of the last twelve months.

]]> http://www.lanzarotemagazine.co.uk/2009/09/house-prices-fall-4-3-in-the-canaries/feed/ 0