According to the press release of credit rating agency Fitch Ratings, the latest data for the housing sector in Spain shows that the long period of falling house prices is coming to an end, which Fitch considers is related to an increased lending. Fitch anticipates growth in the Spanish economy in 2015 – 2016, which will in turn […]
According to the data from the Spanish General Council of Notaries, as published on the organization’s site, the number of housing contracts grew by 19.1% in 2014 upon the previous year. The average price per square metre was 1251 euros.
The GDP of the eurozone grew by 0.3% in the fourth quarter of 2014 upon the previous quarter, according to data published by Eurostat, the official statistics body of the European Union. Germany and Spain featured as growth leaders in the eurozone in the final quarter of 2014, with their GDPs growing by 0.7%.