Sale

One third of Spaniards plan to buy a home in 2018

A few days after the beginning of the year, there are already many who consider their plans and purposes for 2018. Specifically, 17% of Spaniards are clear that they want to buy a house in 2018 and 18% is considering, while 65% discards this option, according to a survey conducted by the financial product comparator HelpMyCash.com. The results are close to the proportion of respondents who own a house (59%) and those who still do not (41%).

Spain could reach the 526,000 homes sold in 2018

Housing transactions in Spain could reach 526,000 units in 2018, 9.3% more than the 481,000 operations foreseen for this year 2017, which represent 10.1% more than last year, as long as maintain the financing conditions and the course of the Spanish economy and the euro zone in the planned line. Of that total, the bulk will be replacement housing and only about 275,000 will be new homes. In addition, the prices of new and second-hand homes will continue to rise with a growth of 5.8% in the fourth quarter of 2017 and another 5% at the end of 2018, although they will continue 23% below the 2007 figures.

Low cost housing with good profitability

A look at the volume of investment that accumulates the Spanish real estate gives a slight idea that things do not go bad. Until September, before the illegal consultation took place in Catalonia, residential investment accumulated a volume of 1,188 million, compared to 802 million last year, according to the JLL consultancy. In addition to socimis, large investors or patrimonial societies, individuals with some euros in the bank that no longer play are being seduced by the new opportunities offered by the brick. Buying a house to rent it is the most usual operation, but it is not the only one.

Housing is up in Barcelona and Madrid

Real estate passenger or bubble? Although much of the real estate sector - developers, banks, experts ... - denies that in Spain are committing the errors of the past and that we are witnessing the creation of a new real estate boom, the truth is that some indicators have begun to to make jump the first alarms, especially those that make reference to the evolution of the prices of the houses. The increases are not only generalized, but in some markets they are especially striking.

Raise the price of housing in the first half

During the first half of this year 2016, housing prices have prices increased by 7, 5%. The market not yet achieved the levels of operations previous purchases and mortgage amounts to the crisis, but it is accelerating because consumers are encouraged to recovery of the economy and low interest rates.

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