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Published on Tuesday, January 10, 2017

Spain | Residential home sales soften, but prices and new permits rebound

Summary

Residential sales declined in October and maintained the tone of moderation observed in previous months. Despite this, annual growth trends are positive and residential demand drivers remain strong. On the other hand, the House Price Index (IPV) ticked up again in the third quarter, and new residential permits rebounded in October.

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David Cortés
Félix Lores BBVA Research - Principal Economist

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observatorio_inmobiliario_ene17

Spanish - January 10, 2017

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