This increase is very significant relative to previous periods of price growth. The average price has risen this year to 1,830 euros per square meter from around 1,385 euros just a year ago. Typical apartment with an area of 100 sq. m., which was on sale 12 months ago for 138,500 euros, is now on sale for 183,000 euros. Many experts believe that much of this growth is a matter of speculation on the part of sellers/owners as well as brokers, as competition forces some of them to promise sellers a higher price for their properties. Properties for sale recently are limited and demand is high, which has led to increased competition between agencies.