News: Number of Spanish new builds up by 2% to April
According to the latest figures from Spain´s Ministry of Public Works, a total of 14,098 new homes were completed between January and April of this year, which represents an increase of 2% compared with the same period of 2015.
The construction of new homes reached their all-time high in 2007, with over 641,000 completions.
Around 98% of the total number of homes completed until the end of April involved private developers' projects, while only 1.4% of the new builds related to public administrations.
In addition, a recent report from the European Commission statistical office, Eurostat, states that the price of housing in Spain registered a year-on-year increase of 6.3% in the first quarter of the year.
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