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Spain | The housing market maintains the loss of dynamism in the beginning of 2Q19

Published on Wednesday, June 26, 2019

Spain | The housing market maintains the loss of dynamism in the beginning of 2Q19

Although conditions remain favourable, home sales are sluggish. On a regional scale, the evolution of sales in 1Q19 showed a high disparity. Nevertheless, the price continues to rise. The variables related to construction activity do not anticipate major advances in the coming months

Key points

  • Key points:
  • Uncertainty continues to impact home sales
  • Credit for home purchases moderates its growth
  • INE data bears out the price increase in 1Q19
  • Home sales show a high regional heterogeneity
  • Slow progress on new housing permits in March

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