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New Home Permits Fell by 36.6% in March

Requests for permits to build new homes fell to 5,956 in March - when the health crisis first started - down by 36.6%. The first quarter of the year closed down 15%.

Obra en construcción de Amenabar en Valdebebas
Amenabar homes under construction in Valdebebas (Madrid).

Applications for permits to build new homes fell by 36.6% in March, at the start of the crisis, with 5,956 applications registered, according to official data from the Ministry of Transport.

In this way, requests for authorisation to build homes fell from 9,086 the previous month and from 9,405 in March 2019.

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