On the rise and constant, this is the behavior of house prices one year after the end of the worst restrictions due to the pandemic and at a time of full splendor in the buying and selling market.

On average, they

rose 4.2% in the third quarter

of this year compared to the same period of 2020, a rate nine tenths higher than the previous quarter and the highest in that period since 2019.

The

Housing Price Index

(HPI) published this Friday by the National Institute of Statistics (INE) shows a growth trend that has already accumulated 30 quarters of year-on-year increases and that in recent months has recovered its pre-coronavirus vigor .

The restrictions and uncertainty during the worst months of the pandemic softened the increases to 0.9% in the first quarter of 2021, the lowest rate in seven years.

By type of home, the annual rate for

new homes

fell almost two points, to 4.1%, while the variation for

second-hand

homes

reached 4.3%, almost one and a half points above that registered in previous quarter.

At the quarterly level, the variation of the general HPI between July and September is 2.1%, while the prices of new housing rise 2.8% compared to 1.9% for second-hand housing hand.

Regions

By communities, all the autonomies presented positive interannual rates and higher than those of the previous quarter, except for the Basque Country, which cut it by 1.2 points, to 1.4%.

The largest increases in the annual rate were recorded in

La Rioja, Andalusia and Galicia

, with increases of 2.8, 2.4 and 2.3 points, respectively.

The most marked interannual growth in the price of free housing in the third quarter corresponded to the

Canary Islands

(+ 7%),

Cantabria

(+ 6.9%) and the

Balearic Islands

(+ 6.8%).

Where the prices of free housing have risen the least in the last year is in the Basque Country (+ 1.4%), Madrid (+ 2.8%) and Extremadura (+ 2.9%).

Also in quarter-on-quarter terms, prices rose throughout the territory, although the greatest increases were located in the Balearic Islands (+ 4.3%), Ceuta (+ 3.7%), Andalusia (+ 3.4%) and Murcia ( + 2.7%), and the lowest in Extremadura (+ 0.2%), Asturias (+ 0.8%), the Basque Country (+ 0.9%) and Castilla-La Mancha (+ 1%).

According to the criteria of The Trust Project

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