Spanish construction activity surges 19pc in June
The Spanish construction sector’s output grew by 18.6% in June compared to the same month last year, according to Eurostat, the EU’s statistics office. That’s the biggest increase in the EU.
Property valuations down 41pc in 3 years
In yet another sign of continued weakness in the Spanish property market, the number of property appraisals carried out last year fell 4%, according to a new report from the Bank of Spain.
Spanish property prices will be hit hard by ageing population
Spain will be one of the developed countries where property prices are hardest hit by an ageing population, argues a new report from the Bank of International Settlements (BIS).
Planning approvals down 22pc over 5 months to end May
Planning approvals continue their collapse, but at least the dive shows signs of bottoming out.
Ministry of Housing budget cuts threaten property sector recovery say developers
Developers are up in arms over plans to reduce subsidies for building social housing.
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