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How Will the Housing Market Evolve in 2022?

Following a record year for house sales, the residential segment is viewing 2022 with caution due to an increase in construction costs and a lack of available materials.

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2021 was a record year for the residential sector with 545,000 house purchases in total, a figure not seen since 2008.

Property developers such as Aedas Homes are forecasting a positive 2022, as outlined by its CEO, David Martínez: “In 2022, we expect to see moderate and sustainable growth in terms of the demand for new housing. On the contrary, the supply is still very limited, which could slightly force up prices”.

Read the full article in Spanish.

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