It's widely publicised that property sales and prices in Spain are forecast to rise in 2018 if there are no sudden economic surprises or changes to the mortgage market.
Anticipa, one of Spain’s biggest real estate providers having acquired wholesale bank stock, expects sales to rise 9.3% next year to 526,000 units, up from 481,000 this year and 21% more than in 2016.
It is also forecasting that prices will have risen by 6.9% by the end of 2017 and looking ahead to 2018 are set to rise by slightly less at 6.1%. Even with this rise they will still be 27% below the peak of the market in 2007 which is well worth noting.
Prices for resales and new builds are expected to continue to increase by 5.8% over the fourth quarter of this year, the firm says in its latest real estate market report, but this was compiled before Catalonia declared independence and the national Government took over the running of the region which may adversely impact on the expectations.