The slowdown and the reform of the Mortgage Law are the protagonists of the year-on-year decline in sales in the province of Málaga
The head of studies at Idealista, Fernando Encinar, stated that along with the entry into force of the Mortgage Law, political uncertainty have also weighed down the closing of operations in the main markets, including Madrid, Catalonia, Balearic Islands and Canary Islands, which will make it "practically impossible" for 2019 to match the sales signed in 2018.
Thus, he pointed out that we must be aware that there is a "natural ceiling" in the market that could be around 530,000 or 560,000 homes, so he believes that the increase for the coming years will be "moderate."
