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Sector ReportSpanish economy

Summary

SITUATION AND OUTLOOK

The sector has seen a slowdown in 2019 as the economic outlook has deteriorated. In 2020 the trend will still be positive although the rate of growth will ease.

SECOND HOMES IN SPAIN

Second homes account for 14.6% of Spain's housing, this figure exceeding 30%, in some provinces. Using big data to analyse their distribution can help to identify the more complex dynamics of this situation.

EUROPE'S REAL ESTATE MARKET

Since 2016, house prices in the EU have risen by 4.6% year-on-year on average, outstripping the growth in wages and GDP. We examine the factors behind this trend.

THE WIDENING GAP BETWEEN HOUSE PRICES

House prices have risen sharply in large cities and tourist destinations whereas the recovery has been slower in less urban areas, amplifying regional differences in terms of price and affordability.

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