The Covid crisis is already having an impact on the Spanish real estate sector, albeit uneven across each segment. Moreover, those effects are expected to worsen and last for a while.
In this way, it is estimated that house prices will fall by 16% in Spain on average, whilst in Barcelona and Madrid, the decline will be 12% and 13%, respectively, according to the “Real Estate Market Report, News and Perspectives” prepared by Forcadell and the University of Barcelona.
Read the full article in Spanish.