Madrid Property Price Growth Slows to 12.9% YoY, Still Near Peak

Madrid's residential price per square meter rose 12.9% year-on-year in Q3, down from 15.5% in the prior quarter, reaching €4,765. The deceleration is most pronounced in central districts (Centro, Moncloa, Chamberí), suggesting cooling demand in prime areas. The data indicates a gradual easing of price pressure, but levels remain elevated, posing affordability concerns and potential implications for housing-related inflation.

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