Spain | Residential home sales soften, but prices and new permits rebound
Published on Tuesday, January 10, 2017
Spain | Residential home sales soften, but prices and new permits rebound
Summary
Residential sales declined in October and maintained the tone of moderation observed in previous months. Despite this, annual growth trends are positive and residential demand drivers remain strong. On the other hand, the House Price Index (IPV) ticked up again in the third quarter, and new residential permits rebounded in October.
Geographies
- Geography Tags
- Spain
Topics
- Topic Tags
- Real Estate
Tags
- Tags
- property
Authors
David Cortés
Félix Lores
BBVA Research - Principal Economist