The House Is Expensive More than 50% in the Eight Years of Sanchez and Pulverizes the Records of the Bubble After Reaching Historical Highs
9 Articles
9 Articles
The price of the house used in Spain has increased by 74.4% since June 2018, to reach 2,930 euros per square meter in September, while the market reaches the general elections of next November 29th with the prices of sale and rent in maximums and the offer of housing to the downside, according to an analysis published by Idealista.The analysis is published after the Congress rejected on Friday October 2 the two decrees of housing approved by the…
In the years of the PSOE government the price of the square meter has increased more than 767 euros, going from 1,587.9 euros/m2 in June 2018 to the current 2,355 euros/m2
«Spain has gone from being a country of owners to a country of vulnerable», said Jorge Buxadé
Since 2018, housing prices for sale have been over the time of the real estate boom, rent rents reach peaks never seen, while supply in both markets has fallen sharply since 2020 and demand has continued to grow since 2022.
The price of the house used in Spain has increased by 74.4% since June 2018, to reach 2,930 euros per square meter in September, while the market reaches the general elections of next November 29th with the prices of sale and rent in maximums and the offer of housing to [...] The Idealist entry points out that the house reaches the elections with prices 74% above that in 2018 appears first in Forbes Spain.
The value assessed exceeds the records of the real estate bubble while the construction fails to meet the existing demand Pedro Sánchez activates the electoral button and calls general elections for November 29
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