Spain Economic outlook with a view on the real estate sector
Published on Wednesday, May 24, 2017 | Updated on Wednesday, May 24, 2017
Spain Economic outlook with a view on the real estate sector
Summary
The world economy continues to improve, albeit within an environment in which risks are still present. In Spain, current activity trends confirm that growth remains strong. We expect GDP growth to remain around 3,0% in 2017 and 2018 (2,7%). Housing demand is picking up, as prices have stabilized or even increased significantly in certain regions.
Topics
- Topic Tags
- Macroeconomic Analysis
- Real Estate
Authors
Jorge Sicilia
BBVA Research - Chief Economist of BBVA Group