Real Estate. A controlled slowdown
1S 2020
Spain's real estate sector has been slowing down throughout 2019 at a brisker rate than expected, given the deterioration in the economic outlook. Nevertheless, the fundamental factors supporting housing demand are still solid and no excesses can be observed on the supply side. With a view to 2020, we expect the sector's trend to remain positive although the growth rate will be more moderate, both for prices and sales.