MWCC presents the latest indicators for the real estate and economic sectors in Spain

MWCC has published its updated Indicator Table for June, which provides a comprehensive overview of recent trends in the real estate sector, with a focus on housing, and the national economic context.
Among the most notable data, the Housing Price Index continues its upward trend, with year-on-year growth of 12.2%, reaching a record value of 171.3 (base 2015). Meanwhile, the average property valuation price stands at 2,033 euros/m², while the Idealista portal reports an average value of 2,391 euros/m², the highest since records began.
As for the mortgage market, there has been a significant increase in the number of new mortgages, which are up 9.6% year-on-year thanks to better loan conditions due to the notable fall in the Euribor, which is down 10.6% in monthly terms and 42.1% in annual terms. Land prices have risen by 4.3% compared to the previous period.
However, some indicators show signs of moderation: demand for housing fell by 9% compared to the previous month, and the consumer confidence index fell by 3.9%, reflecting a certain caution on the part of households in the face of the economic environment.