Increase In Number Of Homes Promoted By Public Sector In 2015

11 May 2015 – El Economista

The construction of 170 homes, promoted by Public Administrations, was completed in Spain during January and February, which represented an increase of 24% with respect to the same period in 2014.

In this way, homes promoted by the public sector began 2015 on a positive note, whereby bringing an end to the negative trend experienced in recent years, according to data from the (Ministry of) Development, compiled by Servimedia.

In 2014, Public Administrations promoted 482 homes, down 27.8% from a year earlier and far below the 5,652 homes recorded in 2010.

In terms of the weight that the public sector has over the total number of finished homes, it accounted for 2.5% of the total (6,807 homes) during the first two months of the year.

Original story: El Economista

Translation: Carmel Drake

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