GIX Reports
GIX Reports

Economic and Real-Estate Indicators Num. 33

August 2023

Over 50 indicators of the Spanish economy and real-estate sector

Here is the 33rd issue of our GIX Report where we share the reality of the Spanish economy and real-estate sector every month.

The advance data of the Quarterly Accounts published by the INE show positive figures, despite decreases compared to the previous quarter. Domestic demand is maintained due to the increase in Public Administrations’ spending (the only demand component to increase). Construction investment, both in housing and non-residential, also shows increases compared to the same period in 2022. External demand falls in both parameters (X and M). On the supply side construction and services contribute strength to GDP.

The Consumer Confidence Indicator continues to surprise with one more month increasing the overall good sentiment; on the other hand the services PMI maintains a downward trend since March this year.

Financial markets in line with the ECB monetary policy.

Economic Indicators

The +50 real-estate economic indicators analysed include:

• Consumer Spending
• Capital Investment
• Exports
• Imports
• Industry
• Investment in Construction
• Investment in Housing
• Investment in Other Buildings and Constructions
• Other

Indicators of the Building and Real-Estate Sector.

• Unemployment in Construction
• Housing Stock
• New Build Stock
• Appraised Value of Unsubsidised Housing (€/m2)
• Land Sales
• House Sales
• Yearly Theoretical Effort for Housing Affordability (years)
• Houses Started
• Gross Return on Public Procurement Rentals
• Other

Download below the Gix Report for August 2023 and find out the details and trends in economic data and the building and real-estate sector. You can also see the previous GIX Reports

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