
Possible price decreases, together with the recovery of the sales and mortgage indicators, may incentivise home purchases for those people with sufficient financial capacity and job stability, given the tightening of the requirements for accessing credit.
One of the obstacles is precisely the credit restrictions “conditioned by the effects of the 2008 and 2012 crises, which means that financial institutions are increasing the credit quality standards of borrowers”, say sources at the Valuation Institute (IV), which has carried out a post-pandemic analysis of the market.
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