Experts surveyed by PwC anticipate a slowdown in Spanish housing demand due to rising property prices and borrowing costs, projecting 2026 GDP growth of 2‑2.2%. Signals a potential cooling of the real estate sector, affecting construction, banking, and broader economic growth. PwC economists and business respondents, the Spanish government, housing developers, mortgage lenders. Continued monitoring of ECB interest‑rate decisions and possible Spanish policy measures to support housing affordability. A PwC survey shows 57% of economists and business leaders expect Spain’s GDP to grow only 2‑2.2% this year, below the government’s forecast, citing tighter credit and costly housing as key drags. The outlook points to a cooling residential market that could weigh on construction activity and bank lending.
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