Residential Market Barometer Num. 13

GLOVAL Analytics continues with the quarterly analysis and study and publishes its Residential Market Barometer report, to monitor the behavior of residential market values in the Metropolitan Areas of Madrid and Barcelona. In addition to presenting a brief overview of the economic context and the situation of the real estate market.

In this thirteenth edition, the analysis will continue with the monitoring of the quarterly and annual evolution of housing values.

Download the full report below:

The unit values of housing have maintained a positive annual growth trend both in the municipalities of Madrid and Barcelona, as well as in their respective areas of influence. In this quarter, in the Madrid catchment area there are quite a few municipalities with quarterly decreases.

If we analyse the Madrid area in more detail, all the municipalities maintain a positive evolution of the unit value of housing. The municipalities with the highest increases are Coslada and Pozuelo de Alarcón. The annual evolution of the average unit value of Madrid is +7.7% and that of its area of influence is +3.5%. In this quarter we note quarterly setbacks in nine of the fifteen municipalities in the area of influence, which could point to a slowdown in the value of housing.

The municipality of Barcelona maintains the annual growth of its average unit values, with a rise of +3.0%, very similar to that recorded in September, which stood at +2.5%. As for the municipalities in its area of influence, we do not see any municipality with annual falls, although an adjustment could be seen in Sant Cugat del Vallès and Montcada i Reixac for having a small variation at the quarterly level. Overall, the average annual increase in the metropolitan area is +4.7%.

You can download the thirteenth edition of the Residential Market Barometer report below: