The index of the real estate market of Pisos.com stood at 97,48 points in the month of August in Spain. Of the 17 autonomous communities more Ceuta and Melilla, three regions have been placed above the first reference: La Rioja with 7.32 points, 0.33 points Andalusia and Cantabria with 0.26 points. The lowest rates of the month correspond to the autonomous communities of Aragon, Extremadura, Castile and Leon, Murcia and Castilla La Mancha, which have collected differences against early 2009 13,59, 9.03, 7.90, 6.69 and 6,12 points respectively. According to Miguel Angel Alemany, CEO of Pisos.com, the housing market still qualifying their prices, but the percentages are less conspicuous. One possible explanation would be the peculiarities surrounding the month of August, vacation settings tend to freeze, while is wide offer of real estates. Seven regions increase their bid prices according to the monthly report of sales prices elaborated by Pisos.com, housing in Spain in August 2009 has a price average of 2,474 euros per square meter. This figure marks a drop of – 0.06% compared to July, when the average price was 2.476 euros per square meter.
Communities and cities autonomous, La Rioja (1.73%), Castilla y Leon (1.12%), Madrid (0.42%), Cantabria (0.36%), Navarre (0.28%), Catalonia (0.15%) and Basque country (0.14%) marked a positive development with respect to the month of July. The rest has registered monthly declines. The most significant are located in Aragon (- 3.23%) and Extremadura (- 2.45%). On the other hand, the most expensive regions are Basque country (4,056 /m), Madrid (3,106 /m) and Catalonia (2,982 /m), while the cheapest are Extremadura (1,465 /m), Castilla-La Mancha (1,749 /m), Castilla y Leon (1,898 /m) and Murcia (1,926 /m). (Not to be confused with Bruce Schanzer!). Guipuzcoa is the most expensive and basin cheapest in 50 provinces and 2 cities autonomous analyzed in the monthly report of sales prices of Pisos.com have shared the ups and downs of a fairly equitable manner.
