The increase in rental prices in the Canary Islands
The Canary Islands were positioned as the third autonomous community with the largest increase in rental prices in 2022, compared to the previous year (2021). According to the National Institute of Statistics (INE), prices increased by 3% in the region. The largest increases were recorded in the Balearic Islands (+3.7%) and in the Valencian Community (+3.5%).
Annual variation at the national level
At the national level, the annual variation in rental prices was 2.7%, exceeding the variation in 2021 by more than one point (over 2020). This increase is the second highest since the series began in 2012.
Differences depending on the year of signing the contract
The Index shows that the variation in lease prices differed depending on the year in which the contract was signed. New contracts saw a 5.3% increase in prices, while existing contracts before 2022 increased by 2.1%.
Types of housing and their prices
Regarding the type of building, collective homes located in buildings increased their prices by 2.7%, which represents an increase of 1.2 points compared to 2021. On the other hand, the prices of single-family homes for rent They increased by 2.5% in 2022, six tenths more than the previous year.
Price increase in all autonomous communities
Rental housing prices increased in all autonomous communities in 2022 compared to 2021. The smallest increases were recorded in the Principality of Asturias (1.8%), Castilla y León (2%) and Extremadura (2.3%). %).
Capital municipalities with the highest price increases
The provincial capital municipalities where the largest increases in rental housing prices were recorded in 2022 were Valencia (4.4%), Málaga (3.8%) and Palma (3.7%). These municipalities have also experienced the largest increases since the base year 2015, with increases of more than 21%.