Published on Tuesday, June 2, 2015
Spain | Real estate is steadying on solid foundations
Summary
Demand for housing closed in positive territory in 1Q15, buoyed by a livelier mortgage market and the stabilisation of home prices. The more sluggish construction activity in March failed to hold back growth over the quarter, while the real estate sector’s recovery is also extending to the non-residential segment.
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- Spain
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- Real Estate
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Authors
FL
Félix Lores
BBVA Research - Principal Economist
DC
David Cortés