Growth on Spain’s housing market slowed to 1.3 percent y-o-y in May, according to the most recent Tinsa report. The biggest y-o-y increase was reported on the Canary Islands and the Balearic islands, where prices jumped by 3.5 percent. On the Mediterranean coast, prices rose by 1.6 percent and in metropolitan areas by 0.7 percent, according to the report. Small and medium-sized municipalities, reported prices fell by 2.5 percent y-o-y.
