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Construction Industry Returns to Pre-Coronavirus Levels of Activity

The number of homes approved for refurbishment increased by 28.5% compared to the second quarter of 2019.

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The increase in the surface area approved during the second quarter of 2021 in Spain has confirmed a recovery for the construction sector. Activity is practically back to the levels seen before the coronavirus pandemic.

According to data from the Architects’ Association, after a first quarter in which it was noted that the decline in activity had begun to flatten out, the period from April to June saw the surface area approved for new construction and refurbishment increase by 1.7% compared to the same quarter of 2019 and by 60% compared to last year.

In the second quarter of 2021, the number of new homes approved rose from 26,964 to 28,409, 5% more than in the same period of 2019. However, large-scale refurbishment activity performed the best. Not only is it recovering, but it is also progressing at a better pace than before the pandemic.

Read the full article in Spanish

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