Rental Prices Rose by 6.5% in Q1, the Largest Increase in 14 Years

23 April 2020 – Brainsre.news

The price of rental housing rose by 6.5% during the first quarter of the year, the largest increase in that period for 14 years. In just one year, rental prices have increased by 9.9%.

In Spain, the price of rental housing rose by 6.5% in the first quarter of the year, the largest increase recorded in this period in the 14 years since records began, according to data from Fotocasa.

In just one year, rental prices have increased by 9.9%, taking the average price in March to €10.80 per square meter per month. That figure is 40% and 35% lower than the averages for Barcelona and Madrid, respectively.

Original Story: Brainsre.news

Translation/Summary: Carmel Drake

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