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Canary Island population doubles in less than half a century
The official Census of the Canary Islands for 2008 shows that the population across the Islands has more than doubled in just 47 years.
Standing at 966,000 at the end of 1960, the figure for people legally registered and appearing on the Census has hit the 2 million mark.
Clearly the true figure of the actual total number of inhabitants of the islands will be much higher, due to the number of people who do not as yet appear in the official statistics.
Looking at this dramatic increase it is easy to see why the demand for property throughout the islands has remained so consistently strong over the past decades.
Despite the current slow down in Canary Island property sales caused by recent problems in international banking there are no signs that the population growth throughout the islands is set to slow, so fuelled by this natural organic growth in population, coupled with a very limited land area for construction, demand for existing housing stock, can only continue to grow and it only follows that prices will continue to rise in line with demand.