Spain | Moderating home prices
Published on Friday, September 27, 2019
Spain | Moderating home prices
Summary
The loss of traction in the real estate market was somewhat more intense in the early summer months. The contraction of sales in the last months has been reflected in a moderation of the growth of housing price in 2Q19. On the other hand, construction activity is beginning to show signs of deceleration
Key points
- Key points:
- Home sales contracts in the early summer months
- Mortgage credit declined in June and July
- Housing price lost traction in the 2Q19
- Construction activity revealed a loss of momentum
Geographies
- Geography Tags
- Spain
Topics
- Topic Tags
- Real Estate
Authors
Félix Lores
BBVA Research - Principal Economist
Documents and files
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