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October 4, 2024

Spain | The law of unintended consequences: housing market version

While many economic policy decisions are made with the best intentions in mind, things do not always go as planned. Numerous examples of this can be found in the real estate market.

June 26, 2023

Spain | Why are house prices not receding?

In recent months, the country’s real estate market has not been performing as one might expect, in the sense that house prices are not receding as sales decline.

April 24, 2023

Spain | Where is the real estate market headed?

Going forward, the real estate market will be exposed to factors that will put negative pressure on demand. For example, interest rates are expected to continue rising and the 12-month Euribor is expected to stabilize above 4% and remain there for much of 2023 and 2024.

February 20, 2023

Global | Post-COVID housing prices

The COVID pandemic coincided with a surge in housing prices in several countries, especially some of the richest, despite the fact that at the same time there was an exceptional slump in economic activity that would normally have led to a sharp decline in prices.

March 7, 2022

Spain | Housing during the pandemic: and now what?

Some 675,000 homes were sold in Spain in 2021, 38.1% more than in 2020, and well above the level of 2019, before the outbreak of the pandemic. Sales regained the pre-pandemic level in the summer of 2020 and have maintained a robust growth trend since then.

September 29, 2020

Spain | House prices: again awaiting corrections

One issue that regularly comes up in the real estate market is knowing whether or not house prices are overvalued, especially when prices increase several quarters in a row. There's no easy answer, because it requires comparing the price with its equilibrium price.

January 18, 2018

Consumption Outlook. Second half-year 2017

Private consumption lost prominence in 2017. Its progress will slow down to around 2% in 2018-2019 due to the reduced momentum of its determining factors and the repercussions of economic policy uncertainty.