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The price of housing will grow less than 2% in 54% of large municipalities in 2020, according to Tinsa
54% of the 147 municipalities with more than 50,000 inhabitants will stabilize the price of housing with price variations of less than 2% in 2020, according to an analysis prepared by Tinsa Digital.
For its part, the study concludes that the other 27% estimates a moderate growth of between 2% and 5% , while only one in five municipalities (19%) will record annual average increases of more than 5% in next year.
Focusing the analysis on the provincial capitals , the indicator predicts for 2020 a revaluation of housing above 5% in only nine capitals: Ceuta, Huesca, Logroño, Melilla, Oviedo, Palma, Pamplona, Santander and Soria. The stabilization of prices, with variations of less than 2%, is the most likely scenario in 58% of the provincial capitals. The other 25% forecast moderate increases of between 2% and 5%.
“ In general, a moderation scenario is expected in price growth spread throughout the territory. The expected increases in 2020 are reduced, barely exceeding the Spanish average by 3% in a conservative scenario, "said the director of the Tinsa Study Service, Rafael Gil.
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The study predicts that Madrid and Barcelona will stabilize their prices "or could even register slight one-off decreases". In Madrid, the average value of housing has increased by 49% and 53% in Barcelona from their respective lows recorded during the crisis, compared to 17%, which has revalued housing in Spain on average from the lowest point in the last decade.
Even so, in the municipalities of the periphery of the urban centers of Madrid (Pozuelo de Alarcón, Torrejón de Ardoz, Colsada, Parla, Majadahonda, Leganés and Arganda del Rey) and Barcelona (Cornellá de Llobregat, Badalona, Santa Coloma, El Prat de Llobregat, Terrassa, Granollers, lost items fire emblem , Manresa and Mataró) "would still have growth margin of values above 5% , something that could also happen in certain markets on the Mediterranean coast", Gil explained.
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