The number of homes for sale (resale and new build) as a percentage of the overall housing stock is an interesting figure because it helps you evaluate how over-supplied (or under-supplied) the market is.
I’m trying to compare Spain to other countries on this metric. Can anyone help?
I’ve worked out that in spain there are approx.:
2 million homes on the market
26.5 million homes in total
So 7.5% of the total housing stock is on the market. Sounds like a lot to me, but how does it compare to other countries?
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.