Tuesday, October 19, 2010

Are Fuji Decomposers?



IN the Report of the Institute of Real Estate Analysis no data on the sector that are worth highlighting. One is the price range, minimum and maximum of a sample, including can offer and demand a house in the provincial capitals. This data ranges for Spain between 895 and 3,462 euros per square meter, but beyond the differences within and between cities, the interesting thing is that there is a slight recent rise in housing prices cheaper, and a fall in the most expensive.

The number of appraisals is a way of seeing the activity of the sector. In 2006 he performed in the first half, the highest point, 484,000 appraisals, then decrease slightly, reaching at least a year ago with 224,000. The last given the first half of 2010 show a rise for Spain is 14% and 5% in Andalusia, in addition, thus increasing housing valuations are free of second hand, while still dropping the new housing. Although it may be due to the effect of VAT, something is beginning to move in the housing market. Gumersindo
Ruiz.
(Grupo Joly 10/19/2010)

is also interesting recent developments in modal unit prices of homes, comparing the first half of 2009 and 2010, gathering the provincial capital in tranches, Cadiz has a drop of more than 5%, Granada, Almeria, Seville and Huelva are in the stretch falling between 5% and zero, Malaga and Cordoba are not moving, and Jan is in the uphill between zero and 5% . Within the market crisis Real estate is also geographically different in housing starts and finished, in the report are made only eleven English provinces which began in 2005, more houses, of which four are Andalusian. As housing starts fall 49% in Manchester and 83% in Almería, and up 18% in Seville and Cadiz 73%, although the figures in these two provinces are very small. Dwellings completed in the fall stands in Malaga, at 37%.

is striking real estate activity index (which sum mortgages, income and expenses for construction and housing transactions.) Based on 100 in 2004, Spain is now 32, and Andalusia in 22. Malaga, with a rate of 12 is facing the greatest relative decline in activity, a drop that has already begun in 2005. Finally, the estimation of free housing stock, with different scenarios on supply and demand swings for Spain in a million homes in 2010, to 650,000, giving as good an estimate of the Ministry of Housing in 2009. As so few homes are beginning could be the case that in 2012 the stock was around 200,000, and in some very specific areas might even have more demand than supply.

conclusion of this complex data, there are signs that it might return activity. We must continue the sector in more detail, take care that there is credit for viable projects, and, above all, avoid generalizations, it is a sector that must continue to play an important role in the economy, and whose weight will naturally correcting .

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