1st Feb 2020 @ 6:00 am

Spanish property prices are still rising, but the rate of increase is decreasing, according to recent figures.

The figures, compiled for various industry specialists, suggest that prices rose by an average of 4.3% over 2019, although that’s lower than the 5.2% rise in 2018.

However, while national figures give an outlook on the economy, they don’t always accurately reflect local trends. The appraisal company Tinsa, however, has revealed that price rises are highest in the Spanish islands – the Balearics and Canaries – where prices rose by 11.3% in November last year after remaining high all year.