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The sale of houses, especially used ones, and mortgages show a reduction since the second half of 2022 in Spain: BBVA.
The sector could begin to show a new recovery in 2024 with moderate increases in demand, supply and prices.
The lower economic growth, the rise in interest rates and the reduction in savings accumulated in the pandemic point to a reduction in home sales in 2023.
Prefabricated houses begin to gain relevance in the Spanish real estate marketThis, given the rise in housing prices, such behavior is due to the transformations that this sector has undergone over the years, we are talking about from innovative skyscrapers to prefabricated homes that encourage sustainability. In the European country there has been a boom in the construction of small spaces in the garden in order to increase the living space in your home; mostly used as a rest area, for visitors or as a work space.
Given this, prefabricated homes are causing a revolution in the Spanish real estate market, offering an affordable, efficient and environmentally friendly option. Does this predict the future of housing in Spain?
Also known as modular homes, they are assembled in factories before being transported to their final location.which can not only be built in record time but also benefit from superior quality control and less exposure to climate changes during development.
What may seem like a passing trend, is a sign of significant evolution in the real estate sector, because as the future catches up with us, it would be completely normal for these houses to become normal.
A cheaper option
More than just a roof over the head, a house is where a whole life is built. Manufactured homes have the potential to change the way you think about home and how you live.
There is no doubt that a traditional house tend to have higher prices. Prefabricated homes have become an affordable housing option in Spain, since the gap between wages and the cost of housing is a persistent problem.
In Mexico, this type of housing can also be obtained, however, the prices are similar to those offered by real estate agents that have an association with Infonavit, since prices range from 400 to 60 thousand pesos.
Steel Frame is one of the companies that launched prefabricated houses on the market, equipped with rooms, kitchens, dining rooms, complete bathrooms.