Smaller apartments could offer a solution to the housing shortage. | Javier Coll
Latest figures from the National Statistics Institute (INE) show that house prices in the Balearics are rising at a rate that is some 70% higher than the national average. In the second quarter of the year, the INE's house price index in the Balearics increased 5.7%. Nationally the rise was 3.3%. These rises are by comparison with April to June last year, when the pandemic had of course brought much economic activity to a halt.