Spanish resi prices fall 1.1 percent during state of emergency

The Tinsa IMIE General and Large Markets house price index fell 1.1 percent between March and June to end at 1,527 points. The index rose 1.5 percent year-on-year, including a 0.2 percent rise in the larger cities. However, in locations that are more dependent on foreign demand, such as the Mediterranean coast, prices fell 3.8 percent while the Balearic and Canary Islands saw a 2.4 percent drop in prices since March. In most cases, year-on-year growth has been maintained.