housing in spain

Spain’s real estate sector: from recovery to expansion

Housing In Spain: An Unbalanced Market, But Not A Bubble

Raimundo Poveda | Strong increases in Madrid, Barcelona and other cities (of the order of 7% in prices and apparently more in rents) coincide with stagnation in the rest of the country, and even falls in five autonomous communities. Also, the 45,000 transactions per month last year still pale in to the 75,000 per month of 2004-2007. It makes no sense to talk about a bubble.