The Catalan Federation of Tourist Apartments (Federatur) calculates that annual turnover may fall by up to 85% as a consequence of the Covid-19 health crisis.
The Ministry of Transport, Mobility and the Urban Agenda has transferred more than €446 million in advance to the autonomous regions to execute the Housing Plan.
The Socimi has reported that these results “do not yet reflect the potential impact of the crisis caused by the effects of Covid-19”.
House Sales Plummeted by Almost 19% in March to Return to their Minimums of 2016, with Madrid Leading the Decreases
The coronavirus is continuing to have an impact: house sales sank by 18.6% in March in inter-annual terms, the biggest drop since August 2019. Madrid led the decreases, with a reduction of 30.8%.