“In the year 2022, we find ourselves in a new global scenario of uncertainty and economic slowdown due to the war in Ukraine, the energy crisis, inflation and the meteoric rise in interest rates from the second half of the anus. Despite all this, in the Barcelona residential real estate market, the number of sales has intensified, demonstrating its strength and its status as an active refuge. {…}
Regarding the rental market in Barcelona in 2022, it continues to suffer the effects of market overregulation since 2020 and the lack of policies to cover demand, which has caused a drop of around 40% supply and price increases to all-time highs.{…}
For this 2023, after an expansion cycle between 2014 and 2022 of constant growth, we could say that the bullish cycle has ended. The forecast is that interest rates will continue to rise to try to subdue inflation, and this situation will force many buyers to withdraw and consider renting as an alternative.’’
– Borja Vila, Proddigia founding partner
Sales
– The number of homes bought and sold in Barcelona increased by 16.13% between 2021-2022.
– In all the districts of Barcelona sales increased in 2022. Those that have registered the greatest increases: Sants-Montjuïc with 31.56% and Eixample with 28.56%. On the other hand, in the neighborhood of Sant Andreu it registered a decrease of -21.29%.
– The data on the price per square meter in second-hand housing has not stopped increasing since 2014.
– Sarrià-Sant Gervasi is the district with the highest number of second-hand home sales.
Rental
– The average rental price of a home in Barcelona has already reached the minimum wage (1,088 euros) and amounts to 1,026 euros.
– The number of contracts has been reduced in Barcelona compared to 2021 by -16%.
– Rental prices have increased in 2022 in all districts of Barcelona, reaching 19% in Ciutat Vella.
– There is a widening gap between supply and demand.
