Spain need 1.6 million new homes by 2025
Spain need to build 1.6 million homes by 2025, according to estimates made by the consultant CBRE in its analysis of the residential market. Thus, based on the INE population projections and a series of demographic assumptions, CBRE estimates the potential of new housing in Spain, demand will around 180,000 units per year in the period between 2016 and 2025.
Of these, approximately one of seven will be built in the Community of Madrid, where demand for new housing show greater intensity than in other regions.
in this regard, the firm notes that the new developments will be promoted in late 2016 or early 2017 as the available stock of new housing in Spain will be very localized or technical.
CBRE also indicates that about 30% of large stock remains be unsaleable absorb, considering»without market».addition, the total stock, most refers to housing constructed prior to the crisis. In relation to floor, Madrid is, along with Barcelona, the most demanded market of Spain.
Fuente: El economista.es