(a) Number of dwellings

Galetaire, Volume

Número de viviendas

Antiguedad de las viviendas

Estoc y balance de viviendas

Interpretation and observations

The first chart from above shows the number of new homes built annually since 1971. The ratio of dwellings per thousand inhabitants can also be seen. Some observations:

The second chart shows the today existing homes by period of construction. Most of the existing houses in Spain today were built between 1961 and 1980. If the pace of new construction continues at the rate shown between 2010 and 2020. Between 2021 and 2040, the number of houses to be built will be of ≈1.240.000.

The third chart shows the pace of housing construction, depending on whether it has been a year of surplus (new builds grew faster than the population), or deficit (the population is growing faster than the pace of construction.

(b) Cement consumption

Consumo de cemento

Interpretation and observations

The chart from above shows the evolution of cement consumption, compared to the evolution of housing prices (inflation adjusted). Some brief observations:

Data sources

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