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Spain | Part of the decline in sales in previous months is transitory

Published on Tuesday, October 29, 2019

Spain | Part of the decline in sales in previous months is transitory

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

Key points

  • Key points:
  • Home sales rise again in August
  • After two months of intense falls, the new credit for home purchase recovered in August
  • Slight recovery of permits at the beginning of the summer in a context of moderation of construction activity

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