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SOCIEDAD DE TASACION

Sociedad de Tasación presents the first complete report that analyzes the situation of the new housing market in Spain

  • The cost of new-built housing rose by 7.1% in 2022.
  • The average new-build housing price surged by 7.1% in 2022, hitting €2,732 per sqm at the close of the year.
  • All autonomous regions saw year-on-year growth, ranging from 3.9% in La Rioja to 9.1% in the Balearic Islands.
  • The data is part of a market study offering an up-to-date snapshot of the sector without the time lag affecting stati stics from other official sources.
  • The Confidence Index slumped for the second consecutive quarter. At 49.3 pp, it fell short of the midpoint (50 pp), suggesting that optimism in the sector has faded.
  • New-build housing is becoming increasingly expensive to develop in Spain, with average construction costs rising 2.3% to €1,182 per sqm.
  • Almost half of all new-build housing projects that broke ground in 2022 are "A" rated for carbon emissions and energy consumption.

Full details of the last report can be checked at the following link: ST Sociedad de Tasación Residential Real Estate Trends Report

 

 

 

 

 

 

 

 

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