Spanish housing stock grew by 30% during the boom

The stock of housing in Spain grew by 30%, of 4.5 million properties, during the property boom of years of 1995 to 1997, according to a new report from Spain’s Foundation of Savings Banks (Funcas). During that time Spain built more new homes, and used more cement than any other European country.

Housing stocks grew by more than 30% in La Rioja, Castilla-La Mancha, Andalucia, Cantabria, Murcia and Aragón, by 30% in the Valencian Community, Galicia, Extremadura, the Canaries, Castilla León, and Madrid, by 20% in Catalonia and Asturias, and by 15% in the Balearics and the Basque Country.

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