Spain sells half of the homes we build
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Spain sells half of the homes we build

Date: March 4, 2010 Source: Sergio Jesus
Category: Economy
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The gap between supply and demand of housing has become even more evident in 2009, as the stock of unsold homes continues to grow significantly in the midst of the largest brick crisis in recent times. According to the Ministry of Development , last year 387,075 were awarded certifications to work. However, data from the National Statistics Institute (INE), confirm that last year the sales of new homes amounted to only 220,633 stories. This means that the market will have to absorb 166,442 homes and other search term buyer.

More details of the story here .

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