Housing for sale as percentage of overall housing market

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    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?

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