Searcher
Félix Lores
Félix Lores
Principal Economist
Spain

Félix Lores has been an economist with BBVA Research since 2010, focusing on analysing the real estate market. He also forms part of the team involved in analysing the financial and non-financial accounts of the institutional sectors of the Spanish economy.

Prior to this, he was an economist at Analistas Financieros Internacionales (AFI), working as a real estate market analyst in the Applied and Territorial Economics department, where he was responsible for, among other projects, the City Council of Madrid Housing Observatory.  For almost 2 years he was a network coordinator and residential market analyst with the Public Leasing Company.

He graduated in Economics from the Complutense University of Madrid (2001), specialising in economic analysis, and has a Masters in Economics and Finance (2003) from the Centre for Monetary and Financial Studies.

Latest publications

August data showed a recovery in home sales and mortgage credit. Thus, after a period of regulatory uncertainty, the sector could be gaining traction. In addition, after the correction last May, construction activity recovered levels of previous months
The loss of traction in the real estate market was somewhat more intense in the early summer months. The contraction of sales in the last months has been reflected in a moderation of the growth of housing price in 2Q19. On the other hand, construction activity is beginning to show signs of deceleration
Home sales lost traction in 1H19 despite positive demand determinants. At the same time, construction activity maintained its growth trend. Housing price showed an upward trend, especially for new housing. The market shows a high regional heterogeneity