La sagrada familia in Spain

Spain Housing August 2018

Spain: Housing permits growth decelerates in August

According to data published by the Ministry of Public Works (Ministerio de Fomento), the Spanish Board of Architects (Colegio de Arquitectos Técnicos) granted 5,953 new construction permits in August. The figure was above the 4,755 permits approved in August 2017 but considerably below the 12,172 permits approved in July, which had marked a near-decade high. On an annual basis, permits rose a strong 25.2% in August; nonetheless, well below July’s 46.2% jump.

The moving three-month sum of permits totaled 27,751 in August, which represented a 29.5% increase from the same period last year. The figure matched the year-on-year expansion recorded in July. However, the current number of permits represents a mere fraction of the 268,266 permits that were granted during the July–September 2006 peak.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest