Index of retail property prices in the Spain 2014-2023, per quarter
The commercial property price index for retail buildings in Spain witnessed an overall downward trend between 2014 and 2023. After reaching its peak at 107 index point in the third quarter of 2015, the index experienced a significant decline. Between the third quarter of 2020 and the first quarter of 2021, the property price index plateaued at 81 index points, which not only marked its lowest point during this time period, but also stood at a value lower than the baseline year of 2014. In the third quarter of 2023, the index stood at 87 points.