Spain | The real estate sector begins a year of growth supported by positive economic forecasts

Summary

Growth in housing sales in December raised transactions in 2014 to 364.600, 19% more than the year before. By the close of 2014, the price of housing had experienced its first quarter of growth since the beginning of the crisis, at the same time as housing starts closed the year with positive figures. All in all, the economic growth outlook for this year and the favourable lending conditions are preparing the way for another increase in sales in 2015, which will be accompanied by a moderate price increase and further expansion in construction activity

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