Spain | The return of credit is bolstering real estate sector recovery
Published on Friday, July 3, 2015 | Updated on Monday, July 6, 2015
Spain | The return of credit is bolstering real estate sector recovery
Summary
The rise in the volume of credit is underpinning a revitalisation of housing sales, which put on cumulative growth of 3.1% YoY over the first four months of the year. The fine progress made by demand is encouraging a recovery of construction activity and contributing to price stabilisation at levels above lows
Geographies
- Geography Tags
- Spain
Topics
- Topic Tags
- Macroeconomic Analysis
- Real Estate
Authors
Félix Lores
BBVA Research - Principal Economist