The fall in prices of the residences accelerated lightly in July and declined 4.4% in the annual rate as opposed to the decrease of 3% of June, according to Tinsa that although points at “the stability” in the market.

Tiensa, that develops a study based on the facts of more than 200.000 assessments, explains that the acceleration of the fall can be put down to the current increase that the rate suffered between June and July of 2013.

Moreover, Tinsa emphasizes that the increase of the prices have been consolidated in some areas like Canarias & Baleares. This communities noted an annual increase in July of 4.2%.

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