The price of housing has risen 12.4% in the second quarter of the year in the Basque Country and 12% in Navarre
The price of housing has risen 12.4% year-on-year in the Basque Country in the second quarter of this year and in Navarre 12%, with the largest increase in the last 18 years, according to data released this Friday by the National Institute of Statistics (INE).
In the Basque Country, second-hand housing has increased by 12.6% between April and June and the new housing by 11.9%. Compared to the previous quarter, housing prices have risen by 3.5% in a context marked by housing shortages and rising demand. So far this year, housing in the Basque Country has increased by 8.6%.
In the Foral Community, second-hand housing is the largest increase in prices (12.3 per cent) compared to new housing (11.5 per cent), with a 4.2 per cent increase over the previous quarter in Navarre.
Inthe Spanish State as a whole, the increase in the price of housing stands at 12.7% year-on-year. By type of housing, second-hand housing has increased by 12.8% and new housing by 12.1%. Compared to the previous quarter, from January to March, house prices have risen by 4%.
The largest price increases were in Murcia(14.6 per cent), La Rioja(13.7 per cent) and Aragón(13.7 per cent), whilethelowest revaluations were in Cantabria (10.8 per cent) and Castilla-La Mancha(11.3 per cent).
You might like
Volkswagen will cut 50,000 more jobs, half in Germany and the rest in Europe
The Volkswagen group is in crisis due to strong competition from Chinese manufacturers in Europe, declining sales in China and tariffs in the United States.
France announces aid to farmers affected by drought
Farmers' representatives will meet next week with the French Ministry of Agriculture to convey their demands. The effects of drought and heat are being felt economically, but also physically and mentally.
A worker died in an accident at a winery in Lanciego
The incident took place around 12:20 p.m. and the circumstances of the incident are being investigated. Emergency services have been moved to the scene, but the operator's life has not been saved.
A new tax on fast and cheap clothing is introduced in France
Asian giants like Shein or Temu will now have to pay penalty rates of between 50 cents and 12 euros per garment.
The diesel discount goes up to 20 cents per litre, and the gasoline discount goes down to 5 cents
The tax rebate on diesel has doubled since today, while petrol has halved.
The Basque Government will meet again this Tuesday with farmers to assess the impact of the drought
Agricultural associations and trade unions, among others, want the ACV to be declared a drought zone and special measures to be taken. The meeting will take place at 4 p.m. at the headquarters of the Basque Government in Vitoria-Gasteiz.
Trade unions and employers sign the first agreement on nursing homes in Navarre
After more than five years of negotiations, trade unions and employers have signed the agreement today, which will involve more than 5,000 workers.
The electricity bill has risen 19% in August, reaching its highest level since 2022
Rising demand in heat waves and rising natural gas prices will make an average user's receipt about EUR 14 more expensive.
The 20 cent diesel rebate will come into effect on Tuesday
The measure, which has so far been reduced by 10 cents per litre, aims to combat fuel prices by 15.7% in July.
The September hill this year will be one of the hardest in years
With the return to work, the families of the Basque Country face another reality, which is that this year's September hill will be one of the hardest in recent years, as evidenced by inflation at 4.3%, a figure not seen since February 2023.