Construction in Spain continued its resurgence in May with 7,085 new building licences issued, the highest monthly figure so far this year. In April there were only 4,795 licences issued. May’s figure was 79.5% more than in the same month last year, and showed a significant jump from the previous month which recorded this year’s Continue Reading
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Tag Archives: building licence
BBVA Report Indicates Housing Recovery Continues
According to the latest Real Estate Flash Report from BBVA, despite a slow-down in house sales in March, the results from the first quarter of the year remain positive. Year-on-year, the first quarter closed with a 2.4% increase in property prices, a factor which the BBVA highlight as a confirmation of the recovery of the Continue Reading
Data Points to Continued Housing Recovery
The price of housing in Spain increased in the first quarter of the year by 2.4% year-on-year, to stand at 1,492.4 euros per m², according to data released by the Ministry of Public Works. Despite the increase, in real terms (after inflation) housing in Spain is still 34.4% below the peak prices reached pre-crisis in Continue Reading
February Saw 34% Increase in Building Licences
The number of building licences approved in February increased by a whopping 34.8% year-on-year, reaching 5,663 licences, according to data released by the Ministry of Public Works. The data further validates the opinion that 2016 has started well for the real-estate and construction industries. The data also offers good prospects for the rest of the Continue Reading
