The rental market is practically broken. In 2024, the offer of floors in the market was reduced until 717,338 units, 96,512 less compared to the previous year, a true drama that also moves to prices raising the average of the average of the … income up to 1,118 euros, 11.2% more than in 2023, according to the 2024 rental barometerprepared by the Rental Observatory of the Safe Foundation and the Rey Juan Carlos University.
The report draws the despair situation in which the tenants have been installed by the very high competition they must face to access an apartment with the aggravating fact that much of the offer is moving to the tourist and seasonal rental. In 2024, 124 people contacted on average in the ten days after the publication of the announcement of the house in the real estate portals. It is almost three more times, than the 45 that did it in 2023.
They are numbers that are very short if they compare what is happening in Barcelona, where the average rises to 421 interested in property compared to the 81 of the previous year, a devastating fact that has behind the limits to the rental price of The Housing Law that the Generalitat decided to apply in March last year, and of which it has come to boast that they have served to reduce the price of new contracts by 5% despite the fact that the offer has collapsed almost 20% In a few months, according to the figures made public by the Department of Territori of the region. Even so, Barcelona is still the most expensive province to rent in Spain, with average income of 1,604 euros.
Only the city has concentrated more than a third of the lost floors during the past year, 37,043 homes, that is, 38.7% of the total throughout Spain. If compared to 2019, the level of rental stock in Barcelona has fallen from 170,164 to 95,216 ads last year. In addition to Barcelona, the highest offer reductions have occurred in the provinces of Alicante (7,992 homes less than in 2023), Asturias (-6.291), Biscay (-5,702), Las Palmas (-3.995) O. Seville (-3.105). As for prices, Balearics Secund a Barcelonawith an average monthly payment of 1,598 euros, and follows Madrid With 1,495 euros. The ranking completes it Guipúzcoa (1,430 euros), Biscay (1,232), Malaga (1,191), Las Palmas (1,070), Valencia (1,044) and Santa Cruz de Tenerife (1,031).
421 contacts per floor
According to the “centrifugal effect” of the rental of what has been seen in Barcelona, the other 271 Catalan municipalities have been transferred where prices are intervened by the declaration of tensioning zone. Thus, in Gerona (104 contacts per apartment announced) and in Tarragona (13 per ad) the pressure has also risen above the 100 interested in 10 days, when the first received 32 in 2023 and the second just 13.
The pressure also moves to other markets with interventions such as the Basque Country, where the municipality of Rentería (Guipúzcoa) premieres from today the stops to the rental price, and now threatens to extend to other locations. According to the Observatory, this application is having a “great negative impact” in the region and triggers the demand for apartment available in the three provinces of the region. In Biscayfor example, contacts rise to 191 contacts per housing, when last year were 43, and in Álavathere have been 26 calls to 111 in the ten days following the publication of the floor. In Guipúzcoa It has also tripled rising from 31 to 95.
The noise of the measures of the Housing Law also takes effect on the rest of the provinces where more population is concentrated, in addition to the Spanish coast, where tourist flows affect. So things, in Valencia It reaches 125 interested in housing, in the Balearic Islands to 124 and in Madrid to 109; Very close to the 100 contacts per ad are Santa Cruz de Tenerife (94), Las Palmas (90), while Alicante (84), Seville (73), Malaga (71), Guadalajara (69) or La Coruña (62) They also significantly suffer the pressure demand pressure.
The lowest prices
To find a situation of relative normality in the rental market you have to go to rural Spain: Badajoz (8 interested in housing), Teruel (8), Cáceres (10), Huesca (10), Jaén (10), Lugo (10), Melilla (10), Palencia (11), Ourense (11) and Zamora (11) They do not notice so much the need to find a floor among their neighbors and that tranquility moves to prices although only in Teruel (484 euros) and Ciudad Real (496 euros) Income drops from 500 euros.
The other cheaper areas are Zamora (520), Palencia (521), Jaén (540), Lugo (543) and Badajoz (550), although there is a circumstance that due to its proximity to Madrid, Monthly in Segovia rises to 873 euros and in Guadalajara at 743 euros.
#rental #market #loses #floors #income #rises #euros #average
