Published on Monday, January 4, 2016
Spain | The fundamentals of residential demand consolidate price stability
Summary
Residential demand continued to be supported by a good performance of the fundamentals, with mortgage financing and employment as particularly important drivers. Housing starts fell briefly in an environment of price stabilisation. Thus in 3Q15 prices rose, above all on the coast and in large metropolitan areas.
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- Geography Tags
- Spain
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- Macroeconomic Analysis
- Real Estate
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Authors
FL
Félix Lores
BBVA Research - Principal Economist
IS
Ignacio San Martín