Recent housing market developments in Spain

Pana Alves and Alberto Urtasun

Economic Bulletin, 2019, issue JUN, No 09

Abstract: After the sharp correction during the crisis, activity in the Spanish real estate sector commenced its recovery in early 2014. This improving trend has since been observable both in quantity and price-based indicators. However, this market is well known for its high heterogeneity due to the location of the properties, their type and the nationality of purchasers. The recent buoyancy seems to reflect, among other factors, positive labour market developments and the low cost of borrowing against a backdrop of gradual growth of loans for house purchase.

Keywords: housing; prices; mortgage terms and conditions (search for similar items in EconPapers)
JEL-codes: D12 E22 E24 G21 (search for similar items in EconPapers)
Date: 2019
Note: Analytical Articles
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://www.bde.es/f/webbde/SES/Secciones/Publicac ... les/be1902-art9e.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bde:journl:y:2019:i:6:d:aa:n:9

Access Statistics for this article

More articles in Economic Bulletin from Banco de España Contact information at EDIRC.
Bibliographic data for series maintained by Ángel Rodríguez. Electronic Dissemination of Information Unit. Research Department. Banco de España ().