MWCC and DS Rankings, committed to sustainable and balanced urban development and to deepening the knowledge of cities, have published a new report that analyses the evolution and current situation of the real estate market in Spain, including key factors such as the price of housing, its relationship with the labour market, the financial situation of households and the imbalance between housing demand and supply.

The study shows how the forecasts for GDP growth and employment in the coming years will continue to push prices upwards, but without reaching the levels of 2008 thanks to the regulatory role that appraisal and financial institutions are exercising over the market.
It also reveals the intention of 2.2 million households to buy a home in the coming year, although some of them are holding back in the face of expectations of falling interest rates that will allow them to lighten their financial burden, within a context determined by a high level of savings and low levels of indebtedness.

The main conclusions of the report are:

1. Moderate price growth: Forecasts for GDP growth and employment growth in the coming years will continue to drive price increases in the real estate sector. However, prices will not reach 2008 levels, largely due to the regulatory role of valuation and financial institutions.

2. Interest in buying homes: An estimated 2.2 million households in Spain intend to buy a home in the coming year. However, a portion of these potential buyers are waiting for a drop in interest rates, which would reduce the financial burden of the purchase.

3. Financial stability of households: The financial situation of Spanish households is characterised by a high level of savings and low indebtedness, which will contribute to a balanced and sustainable growth of the real estate market, in contrast to previous upward cycles.

About MWCC

The Madrid World Capital Association (MWCC) is an organisation dedicated to positioning Madrid as an international benchmark in sustainable infrastructure. Through collaboration between companies, institutions and governments, MWCC promotes innovative projects that improve the quality of life and contribute to the development of sustainable cities.