In 2008 we saw the largest real estate bubble in the country's democracy. The number of houses built, loans granted and purchases made was excessive.

Ten years later, the analysts' consensus is that a new golden cycle will begin this year. Among them, the most optimistic predict five years of stable increases in house prices, increased sales and construction of new buildings.

The price of houses will cost between 3% and 6% on average for the entire territory. Madrid, Barcelona and the Balearic Islands will be ahead of the rest of the communities. Even so, they will be at an average of 27% below the maximum.

Data for the last quarter of 2017 affirmed an annual increase of 6.7% in the price of housing, so these data will not go badly. From Servihabitat bet because this last year they have closed more than 470,000 transactions and this year they can exceed 500,000.

Currently granted credits require solvency criteria that oblige the indebted to have savings. This is how the ghost with the bubble name moves away. In the absence of official figures, the mortgages granted would be around 320,000.

The supply of new housing will begin to grow at the end of this year and will have a greater impact in the second half of 2019.

Source: Cinco Días