With rising financing costs and lower ability of families to pay due to inflation, the sector is discounting as housing demand will slow in the coming months, with consequent effect on the developer market.
Mikel EchavarrenCEO of Necklaces for Spain and Portugal, believes that the rise in mortgages is “almost an anecdote” compared to the fall in disposable income which means “galloping” inflation. “Between the two effects, the effort fa
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