Idealista reports another 16% rise in asking prices

Idealista's report shows a 16% year-on-year rise in asking prices. Notaries put the real figure up to 20% lower. Which source reflects reality?

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Idealista reports another 16% rise in asking prices

Idealista's latest monthly report confirms the trend: housing asking prices keep climbing. According to the published data, the year-on-year increase reaches 16%, a pace that invites scepticism when compared with other sources.

The debate over the reliability of the sources

While Idealista reflects sustained increases, notarial statistics paint a different picture. Actual transaction prices recorded by notaries are usually between 15% and 20% lower than asking prices. This gap is nothing new, but it widens in stressed markets: sellers ask for more than what is finally agreed, and Idealista's data only captures the initial intention.

Can asking prices rise while real prices fall?

One question that arises is whether it is possible for asking prices to keep rising while real prices fall. The short answer is that, with a 16% rise in asking prices, it is unlikely that transaction prices have fallen, but the real increase is certainly smaller. Notaries, who record the actual sale price, tend to show more moderate variations.

Where analysts stand

Some argue that Idealista is the most reliable reference thanks to its constant updates and coverage, while others prefer notarial data because it reflects real transactions. In between lies a consensus: both sources are useful if you understand what they measure. Ignoring the difference between asking price and closing price leads to a distorted reading of the market.

With these figures, the question remains open: how long will the gap between what is asked and what is paid hold?

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Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication. Read the full discussion (25 replies).

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