<\/p>\n
According to one of Spain's largest real estate agencies, property sales in Spain will total 526,000 units in 2018, up 9.3% from the 481,000 transactions expected this year and up 21% from last year. This is assuming that mortgages issued and the Spanish economy continue to grow.<\/p>\n
Of the total sales, most were resales, and 275,000 were new homes. Resale and new home prices are expected to continue to rise 5.8% from the fourth quarter of this year and another 5% by the end of 2018.<\/p>\n
This report on the Spanish real estate market 2017-2019 was presented at the Barcelona Meeting Point by the company's managing director, Eduard Mendiluce, and Josep Oliver, a lecturer at the Universitat Autonoma de Barcelona (UAB), whose team compiled the report.<\/p>\n
For Catalonia, the report (published before the collapse of the Catalan separatist crisis) predicts around 82,000 property sales in 2017 (up 10.8%) and around 90,000 in 2018 (up 9.8%). In terms of prices, an increase of 6.9% is expected this year and 6.1% next year. Given that property prices in Spain have fallen more than the national average (almost 45% compared to 37%), they will still be 27% lower in 2018 than they were in 2007.<\/p>\n
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According to one of Spain's largest real estate agencies, property sales in Spain will total 526,000 units in 2018, up 9.3% from the 481,000 transactions expected this year and up 21% from last year. This is assuming that mortgages issued and the Spanish economy continue to grow. Of the total sales, most were resales, and\u2026<\/p>\n","protected":false},"author":1,"featured_media":794832,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[258,259],"tags":[],"class_list":["post-293909","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investors","category-ispaniya"],"yoast_head":"