The price of used housing in Arrecife has fallen by 15.9 percent in the last year. Thus, in April the square meter cost 1,237 euros, according to the Report on the Sale Price of Second-Hand Housing in Spain, from [Ventadepisos.com->http://www.ventadepisos.com/].
Although it seems that the price of housing is stagnating in Arrecife, where in the last three months it has only fallen by 2.92 percent, the annual downward curve in this population is much more pronounced than that registered in the entire province, where the price of used housing has fallen by 8.7 percent in the last year.
[Las Palmas de Gran Canaria->http://www.ventadepisos.com/venta-pisos-las-palmas-37-2-0.html] tops the list of the most expensive cities in the entire Autonomous Community with an average of 1,929 euros per square meter, 5.7 percent cheaper than a year ago. Thus, buying an 80 square meter apartment in Arrecife costs an average of 55,360 euros cheaper than in Las Palmas de Gran Canaria.
Canary Islands, with an average of 1,770 euros per square meter, is the sixth cheapest Autonomous Community in the Spanish ranking, only ahead of Castilla y León (1,667 euros per square meter), Valencia (1,649 euros per square meter), Murcia (1,615 euros per square meter), Castilla-La Mancha (1,353 euros per square meter) and Extremadura (1,334 euros per square meter). On the other side of the table are the Basque Country (3,576 euros per square meter), Madrid (2,493 euros per square meter) and Catalonia (2,489 euros per square meter).
In Spain as a whole, the average sale price of second-hand housing in April was 2,052 euros per square meter, with an annual decrease of 6.6 percent. Data on the Evolution of the Average Sale Price of Second-Hand Housing throughout the province of Las Palmas can be seen in the following link: [http://www.ventadepisos.com/precios/precio-venta-vivienda-arrecife_31-37-3361-0.html->http://www.ventadepisos.com/precios/precio-venta-vivienda-arrecife_31-37-3361-0.html].
