to slow digestion of this surplus continued for the sixth consecutive year in 2015, exercise in which dropped another 5,6% (to 513.848 units)
Fitch: A quarter of new housing in Spain is ‘ unsaleable’
The market of housing still digesting, little by little, the binge of the bubble real estate. Among these excesses is the overproduction of housing. Lo que se denomina técnicamente como stock, new unsold homes. To date of 31 in December of 2015, This thick offer stood at 513.848 units, a 5,6% less than at the end of 2014 (544.363), According to the data of theReport on the ‘ stock’ new housing 2015 publicado recientemente por el Ministerio de Fomento.
Con esta nueva absorción del stock, the market chains already six years slimming this showcase. Specifically, from 2009, When he touched his maximum level of 649.780 new homes without a buyer. In addition, este drenaje del 5,6% It is the second highest of the last six years, just behind the reduction of the 6,9% that is produced in the year 2012.
The stock acumulado decreased in 2015 in all the communities autonomous except in Madrid -donde más se ha reactivado la promoción residencial- and in the cities autonomous of Ceuta and Melilla. Notably, the reduction of the upper over to the 10% in the provinces of Navarra, Vizcaya, Lugo, Guadalajara, Malaga and Cadiz.
On the other hand, tres regiones (Valencian Community, Catalonia and Andalusia) agglutinate almost the half (the 49,53%) of the stock. And the provinces with greater percentage are Alicante (8,42%), Barcelona (8,34%), Madrid (8,2%), Castellón (5,18%), Valencia (4,91%), Murcia (4,7%), Toledo (4,36%) and Almeria (4,02%).
Los expertos advierten de que It will be very difficult to put an end to this oversupply, la mayoría gestada en el boom. Y es que incluso una parte de este producto ha sido calificado como “unsaleable” desde el sector promoter
This surplus of more than difficult exit is usually located in unattractive areas inside and, mainly, on the coast, today no puede competir con las promociones de nuevo cuño que se están impulsando en buenas localizaciones y con altas calidades. That is why the offer on plane is gaining ground on the turnkey (stock).
Finally, comparando los nuevos datos del excedente con parque total de viviendas en España cabe destacar que el actual stock representa the 2,01% of all the houses that exist in the country. Este porcentaje (stock of the total amount of residential Park) coming to the 6,29% in the Castellón province, to the 5,32% in Toledo and the 5,19% in Almería, the three most affected sites.
Read more: http://www.elmundo.es/economia/2016/07/29/579b305a468aebd1408b461e.html