This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Se mantiene la tendencia negativa de la confianza en el sector inmobiliario
It keeps the negative tendency of the confidence in the real-estate sector
17/07/2012
17 July 2012
The Index of Real-estate Confidence that realises ST-Society of Valuation trimestralmente has given like result 31,2 points on 100 possible. It treats of the third publication of the index of confidence, and the evolution of the values obtained has remained stable from the publication of the first data (31,5 on 100 in the data published in January and 31,8 in the data published in April).
This evolution of data is a clear reflection of the degree of desconfianza that exists in this moment in the market, taking into account that 50 points would be the situation of “neutrality or stability of market”.
The Index of Confidence has built on the opinions of 700 professional collaborators of the company, in relation to the perspective (situation of the last three months) and the expectations (situation of the next three months) and that divides in seven categories.
Index of Real-estate Confidence.
Evolution of the economy in each zone: 30,6 points on 100
The confidence in the evolution of the economy is practically identical to the registered in the second quarter, what positions so much the assessment of the current situation as future in negative terms. The opinion is homogénea between all the autonomous communities.
Evolution of Promotions and floors: 26,5 points on 100
The assessment of the perspective and of the expectations goes back to be negative, and even falls two points regarding the one of the second quarter (27,3). In all the autonomous communities there is desconfianza in the evolution of the sales of real estate regarding developments of promotions and floors.
Evolution of usual Residence: 32,9 points on 100
The evolution of the sales of real estate of usual residential typology seems that it will keep once again a negative tendency. Also it keeps an expectation desfavorable for the next months.
Evolution second residence (coast, mountain, etc.): 23,9 points on 100
The perspective and the expectations of this variable are the most negative of all those that have analysed in the study, although they improve almost two points regarding the first quarter of 2012. Once again, all the regions move in similar values.
Evolution of the stock of houses: 51,3 points on 100
The data show that the evolution of the stock finds in a situation of stability, although the confidence have gone down six tenth. So much the perspective like the expectations of the experts coincide that this tendency will keep during the next months.
Evolution of the prices of the house: 27,1 points on 100
The evolution of the prices this quarter worsens two points regarding the previous quarter that situated in the 29 points. The index shows that the evolution of the prices goes to be followed being negative in practically all the Spanish regions.
Evolution of commercial Venues: 26,5 points on 100
The third quarter of 2012 will continue with a negative perspective regarding the sale of commercial venues, goes down a point and half regarding the previous quarter. The experts consulted do not foresee any improvement in the next months.
