The Catalan Real Estate Market Report for the fourth quarter of 2019 presents a clear picture of the evolution of the sector during this period, with a focus on different key segments: housing, premises, industrial warehouses, garages and mortgages. The housing market shows a downward trend in both sales and prices, with slight declines in new and used housing. As for sales, a year-on-year drop is observed in all provinces, being more pronounced in the cities of Barcelona and Lleida.
The report also highlights the consolidation of the mortgage market, with a slight decrease in the number of mortgages, although an optimal financing ratio is maintained. In terms of prices, while the growth of used housing continues to moderate, the price of new housing reflects a slight increase, especially in the province of Girona.
On the other hand, the market for premises and industrial warehouses shows relative stability, despite the quarterly decline in sales, while garages experience significant year-on-year growth in sales, consolidating their upward trend. Finally, environmental data, such as employment and accessibility, continue to show a favourable evolution, contributing to the general balance of the real estate market in the region.
This report provides a detailed overview of the current situation and possible future scenarios in the Catalan real estate market.
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