Spain’s real estate sector: Slow path to recovery and future outlook

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Title: Spain’s real estate sector: Slow path to recovery and future outlook
Authors: Taltavull de La Paz, Paloma
Research Group/s: Economía de la Vivienda y Sector Inmobiliario (ECOVISI)
Center, Department or Service: Universidad de Alicante. Departamento de Análisis Económico Aplicado
Keywords: Real estate sector | Construction sector | Crisis | Recovery | Spain
Knowledge Area: Economía Aplicada
Issue Date: Jan-2017
Publisher: Funcas
Citation: SEFO - Spanish Economic and Financial Outlook. 2017, 6(1): 19-36
Abstract: The Spanish real estate sector is slowly recovering in the wake of the crisis and its contribution to Added Value (AV) is due to an increase in activity in public works rather than residential construction. However, even though recovery has taken place in a favourable macro context of low inflation and low interest rates, this has failed to stimulate residential markets due to credit constraints and still weak demand.
ISSN: 2254-3899 | 2254-3880 (Internet)
Language: eng
Type: info:eu-repo/semantics/article
Rights: © Funcas
Peer Review: si
Publisher version:
Appears in Collections:INV - ECOVISI - Artículos de Revistas

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