According to the latest sales data from homes in Spain (443,476 units in 2010), and taking into account that in the same year 344,916 homes have been completed in the absence of official confirmation of the figure by the INE , the stock of housing in Spain has diminished in the past year about 100,000 units or so. (From the 688,044 housing stock in 2009, up about 600,000 units in the worst case).
Given the ease of lending for house purchase is increasing, and that the rate of effort for home buying has returned to 2004 levels, apart from low interest rates we have today, it's no unfounded assumption to think that home sales in 2011 was around last year's figures and is equal and around 450,000 units, although slowed down due to the critical state of our economy and the purchasing power of the English. On the other hand, housing starts continue at historical lows, (have been initiated by 21.4% fewer homes and completed by 38.7% compared to year 2009), so much of sales this year 2011 will be held on the housing stock, thereby reducing the number of the end of the year by about 40%, (which would be a stock in early 2012 from a meager 400,000 homes, similar to which already handles SEOPAN *).
This means that in 2012 the number of homes put on the market will be insufficient to meet an annual demand of about 400,000 or 450,000 homes , which are the figures we have hovered since 2008, so prices will rise at a general level (more moderate in the coastal areas of east, which will continue to fall significantly this year) .
Logically, the main benefited from strangling the supply of 2012 will face the banks, which currently are the ones who have the greatest possible number of households with access to finance, and developers will have to continue to put their products on the market taking into account competition Banking unfair place, to grant credits only to the properties they manage their real estate divisions and deny the same time private developers. In any case, buying land license directly in a well located in major cities now arises as a promising investment option, based on the falling price of this and this reduction in housing supply towards the year 2012, which inevitably require finalists to develop land to meet housing demand .
MBQ Group
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*: http://www.europapress.es/economia/construccion-y-vivienda-00342/noticia-economia- housing-coot-seop-number-350 000-housing-stock-story-sale-20110117183356.html
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