2nd Mar 2020 @ 12:02 pm

The Fotocasa estate agency has reported that the Canaries still leads Spain in terms of price increases on resold properties, with a rise of 1% in January.

Spain as whole saw a fall of 0.3% in the first month of 2020, with the Balearics leading the decrease wiith a -1.5% growth.

However, how long this will last is another matter. Sales in the Canaries have fallen in recent months, as they have done in most popular tourist areas, and prices are a strong factor in this. While sales are increasing in traditionally sluggish rural areas of Spain such as Extremedura, several external factors appear to indicate that the Spanish recovery seems to have slowed down.