Real estate sector
Real estate sector latest publications
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
In February, housing sales showed tentative progress, in a favorable context for demand, marked by increased employment and relatively low interest rates. The increase in mortgage lending was also more moderate than in 2018. The start of 2019 showed an increase in permits, with many of the determinants of construction activ…
The advance of the sale of homes in January was not enough to recover the declines of previous months, despite the positive tone of the determinants of demand. The INE Price Index showed a slight moderation of growth in 4Q18. In addition, permits fell in December in a context of greater uncertainty in the sector.
There is growing concern about inequality in the developed economies. Now that we are seeing a recovery in the Spanish property sector, it is worth reflecting on the role that trends in the housing market have played and may play in widening or narrowing differences among people’s income and wealth.
The problems that are affecting the construction sector could lead to lower growth this year than we expected. The Government has been working on measures to contain these problems. We hope that its intervention will reduce the uncertainty that is affecting the sector.
Without knowing the data for the last quarter, it could be said that the balance of the real estate sector in 2017 has been positive, thanks to the foundations on which it continues to be based. The uncertainty of the events in Catalonia and some slightly worse-than-expected data will influence the evolution of the market, …
El sector inmobiliario aportará más crecimiento a la economía en 2017. La revisión al alza del PIB en España y Europa dará un mayor dinamismo al mercado residencial, que mantiene la heterogeneidad geográfica. Actualmente, las expectativas de revalorización del precio de la vivienda y los bajos tipos de interés condicionan l…
Decía Kant que la inteligencia de un individuo se mide por la cantidad de incertidumbre que es capaz de soportar. A la vista de las cifras de consumo, alguien podría concluir que los españoles destacan por su clarividencia y erudición.