Spain | The real estate market, well positioned for a second half in positive
Published on Friday, September 2, 2016 | Updated on Friday, September 2, 2016
Spain | The real estate market, well positioned for a second half in positive
Summary
The first half of 2016 ended in positive. Despite moderation in the past two months, housing sales maintained its growth trend supported by job creation and credit growth. The good performance of demand boosted building activity. In the second half of the year the building industry is expected to continue its positive performance.
Geographies
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- Spain
Topics
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- Employment
- Real Estate
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Authors
Félix Lores
BBVA Research - Principal Economist
Ignacio San Martín
David Cortés