A resident of Teruel invests 4.1 years of his total salary to pay for his 80 square meter home, while an owner in Zaragoza has to dedicate up to 5.8 years of his salary to pay his mortgage , according to the study Relation of wages to purchase housing in 2023, based on data on average wages from job offers on the InfoJobs platform and on average prices of second-hand houses for sale from Fotocasa.
In Aragon, on average, the total gross salary of 66 months, that is, 5.5 years, must be dedicated to paying the mortgage on a home purchased in 2023. this means that the Aragonese people must allocate the same months to pay their mortgage. than the previous year.
In 2023, the price of housing for sale in Aragón closed with an annual increase of 5.7% and put the price in December at 1,746 euros per square meter.
This means, taking into account the average total salary recorded by InfoJobs, which in 2023 was 25,309 euros (2,109 euros total per month if we divided into 12 payments); The people of Aragogan must dedicate 5.5 years of the total salary (66 months) to pay the mortgage on a home of 80 square meters.
In 2023, 13 autonomous communities have seen the time to pay a mortgage increase, and in only four of them (Castilla-La Mancha, Galicia, Extremadura and Asturias) the time has decreased compared to the a year before.
Sale
If a detailed analysis is done of the areas that have suspended the mortgage period, Teruel has gone from 3.6 years in 2022 to 4.1 years in 2023, which has increased its mortgage by five months. They are followed by the regions of Huesca, which go from 4.8 years in 2022 to 5 years in 2023; and in Zaragoza the time is still at 5.8 years compared to the previous year.
In this way, residents of Teruel could pay for a home with less than 5 years of full salary according to a study by InfoJobs and Fotocasa.
“The salary effort that a citizen must make to buy a home is at the highest levels in the last decade. In fact, the price of housing has not grown at the same rate as wages since the economic recovery of 2014, but it is notable that price increases have increased significantly in the last two years,” explained the Director of Research at Fotocasa, María Matos.
“The evolution of wages in recent years has maintained a clear trend. However, the high levels of inflation in the last two years means that the purchasing power and living conditions of millions of workers will be lost,” said Mónica Pérez, Director of Communications and Research at InfoJobs.
2024-04-21 11:36:59
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