architects in Spain are expected to build 800,000 new homes a year, ie 9.4% more than a year ago. The housing bubble, however much they say, seems at the moment, unstoppable. Demand increases and, therefore, offer too. Therefore prices continue to rise and the population continues to borrow more and more. It seems that the increase in interest rates does not affect most people. And, in Barcelona, \u200b\u200bin a year for new housing prices increased by 21.2%. More impressive are the following: The construction of new housing in Spain in 2003 amounted to the sum of FRANCE, UNITED KINGDOM, GERMANY AND ITALY. In 2004 exceeded the combined offer of new flats by FRANCE, UK AND GERMANY.
For communities, the fastest growing in the production of new properties is Andalusia, followed by Valencia and Catalonia. Has experienced great growth since Castilla La Mancha Madrid residents choose to stay even further away from the capital has caused high prices in the Community of Madrid. In contrast, Ceuta and Melilla, La Rioja, Navarra, Cantabria and Balares are fewer new home communities where it occurs.
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