The Bank of Spain has projected that the country will face a deficit of one million housing units by 2028. The institution reports that current construction rates are failing to keep pace with the growing demand for residential property across the nation.
To address this imbalance, the central bank has urged for increased investment in the housing sector. The data underscores a persistent structural gap between the supply of new housing and the needs of the population, signaling potential long-term challenges for the Spanish real estate market.
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