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Published on Monday, July 22, 2019

Spain | Construction activity remains in the face of sluggish demand

Summary

The sale of housing recorded a slight rise in May despite the favorable determinants of demand. The mortgage market showed greater dynamism than sales and the tone of housing starts remains in a context of recovery of perception of the sector by entrepreneurs

Key points

  • Key points:
  • Slight rise in home sales in May
  • Credit for home purchases gained momentum in May
  • Impulse of new building permits in April

Geographies

Topics

Authors

Félix Lores BBVA Research - Principal Economist

Documents and files


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Report (PDF)

Observatorio_inmobiliario_jul19.pdf

Spanish - July 22, 2019

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