Spain Real Estate Activity | Improved demand is driving construction activity
Published on Tuesday, December 2, 2014 | Updated on Tuesday, December 2, 2014
Spain Real Estate Activity | Improved demand is driving construction activity
Summary
The information available in November on the real estate sector confirms a turning point in demand, with two-digit growth rates, in a context of progress towards price stability. The slight increase in the number of building permits during the summer months suggests that the sector has already bottomed out, in terms of building activity, and that 2015 may mark the beginning of a moderate recovery in residential developments.
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- Macroeconomic Analysis
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BBVA Research
BBVA Research
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