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August 1, 2024
Falling interest rates, the gradual recovery in the eurozone and a more positive demographic outlook are expected to boost residential demand, which in a context of relatively limited housing production will lead to house price growth in the current biennium.
January 31, 2024
The residential market is in a process of adjusting sales due to rising interest rates and the slowdown in neighboring economies, yet the level of sales remains relatively high. Nevertheless, housing prices continue to grow as a result of the shortage of supply.
April 14, 2023
Housing sales will slow in 2023 due to slower economic growth, rising interest rates and a reduction in savings accumulated in the pandemic. The shortage of supply will make the contraction of permits less intense and the price will remain stagnant. In 2024, growth will return to the sector
February 20, 2023
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.
November 4, 2022
Real estate market is starting to feel the economic slowdown and the rise in interest rates. This context justifies a contraction in sales in 2023, despite which the level will remain high. Housing starts will stagnate in 2023 and the nominal price will grow by around 2%.
December 21, 2021
The growth trend in the real estate market continues. After the correction, between 2008 and 2014, the sector has not stopped growing in the last few years. This advance was only interrupted in 2020— the toughest stage in the COVID-19 pandemic— which is still affecting the world economy.
November 26, 2021
Since 1996, the number of homes in Spain has increased, as well as their size. This Observatory studies the contribution of different socio-demographic factors such as average household size, population growth and the number of dwellings per household to the demand and size per dwelling.
March 19, 2019
The advance of the sale of homes in January was not enough to recover the declines of previous months, despite the positive tone of the determinants of demand. The INE Price Index showed a slight moderation of growth in 4Q18. In addition, permits fell in December in a context of greater uncertainty in the sector.
January 4, 2016
Residential demand continued to be supported by a good performance of the fundamentals, with mortgage financing and employment as particularly important drivers. Housing starts fell briefly in an environment of price stabilisation. Thus in 3Q15 prices rose, above all on the coast and in large metropolitan areas.
