Real Estate Blog

Why don't property prices go down?

Falling house prices have become a mantra in newspapers and social media. Everyone is waiting for the collapse, due to the slowdown in the economy, which nevertheless does not seem to arrive (or at least in the way many "entrepreneurs" expect). Let's see why. First, it should be remembered that the market is based on precise rules: it is supply and demand that determine price, not the "external" conditions to the market. Or rather, external conditions can influence the dyna...

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And the real estate market is once again a haven with the coronavirus emergency

Real estate investment has become attractive again with the emergence of Coronavirus, which triggered a serious economic and financial crisis around the world. By Giuseppe Timpone, published on March 13, 2020 at 3:39 PM The Coronavirus's emergence ended the longest phase of Wall Street, sending the U.S. stock market formally to the "bear," having lost more than 20 percent of recent highs. It was a blow to financial markets, when equities and bonds were almo...

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Happy New Year to all

From all the team of Grimaldi Tenerife we wish you a Happy 2020

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The price of luxury housing in Spain increased by 2% year-on-year in the third quarter

The average price of luxury housing in Spain increased by 2% year-on-year rate in the third quarter of 2019 compared to the same period of the previous year, with an average price of 6,900 euros per square meter, according to a Barnes report. This data confirms the upward trend of the market, as it maintains a cumulative increase of 4.5% from the 6,600 euros per square meter recorded in the same quarter of 2017 and 11% compared to 2016, with an average price of 6,200 euros per ...

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