Housing Sales Accelerate 73% And Expect To Recover Production Activity In 2022

Housing Sales Accelerate 73% And Expect To Recover Production Activity In 2022

On many occasions, the success of an athlete in an event of such depth as the Olympic Games makes his modality grow in the country from which he comes. A similar case could occur in Spanish boxing, with the good performances of Gabriel Escobar and Reyes Pla .

However, it is well known that this discipline has been revived for years with considerable demand and has been seen in the pits, gyms and personal training. A phenomenon to which Lidl has now signed up to ally with Adidas and present a more than juicy offer.

Lidl does not let anything escape its product catalog and in this way, the German chain has invested this time in an entire boxing set. The complete equipment for those new to this sport or those already experienced that, in addition, comes with the company’s seal of the lowest prices.

Listed as a ” star product “, this Adidas set consists of a 20 kilogram bag, one- size-fits-all gloves, bandages and a key ring representing miniature gloves. All for just 89.99 euros , with a 35% discount on its original price, which makes this union between two of the strongest German brands in their respective sectors a great attraction in Spain.

Of course, it is only available online , so it cannot be purchased in the physical establishments of the chain, all the equipment is made with guarantee materials and under the supervision of one of the most important firms in the world in terms of sport. referred to as is Adidas.

Lidl and Adidas also have the ideal equipment for the little ones in the house
But as if this weren’t enough, the brand with the three stripes has also designed a set for the little ones . A bag of only 6 kg , as well as black gloves with the company logo in red for the training of boys and girls who want to enter this discipline, for only 44.99 euros .

The perfect way to follow the incipient fashion for boxing , after more than a decade where its practice decreased a lot in Spain, and the perfect time to return to the ring now that the national delegation has left Tokyo 2020 with a very good performance.

From the hand of Lidl and Adidas, getting in shape once the summer is over is easier with blows.The crisis has tiptoed through the residential market, which, far from being a drag, is becoming a clear engine of the Spanish economy, with growing activity and solid demand that has led to the closing of June with 48,201 purchases and sales .

This figure is the best figure in the last 23 months and represents a year-on-year increase of 73.5%, leading the sector to four consecutive months of strong growth compared to 2020. It is true that these large figures have their ‘ trap ‘and is that last year’s data was marked by the exceptional situation of the pandemic.

Thus, as María Matos, Fotocasa’s director of Studies explains, and the figure is compared to June 2020, “when there was still an alarm and notaries and registrars only attended emergency cases, therefore, it is normal that evolution is so bulky. ”

The data also represents a monthly growth of 2.5% compared to May, it is the best of the year and is rapidly approaching the barrier of 50,000 operations, being data that “reminds those registered of the years of the real estate boom of 2008”, he adds. Matos.

In this sense, Francisco Iñareta, spokesman for idealista, recalls that the more than 48,000 operations “represent a monthly ceiling only exceeded four times since 2008.”

Why are so many houses being sold in the midst of a crisis?
But what is happening so that in the middle of a health crisis, home sales are skyrocketing? According to experts, there are several factors that are pushing up demand, such as low interest rates, which are at historical lows, the increase in household savings in the last year , which in this case is at maximum, and also the optimism that has been generated with the advancement of the vaccination process.

Daniel Cuervo: “New construction housing is expected to close the year with slight price increases”

In this sense, Daniel Cuervo, CEO of Asprima, believes that society “plans that the consequences of this health crisis will be very short-term, so this time the purchase decision has not been affected as we expect at start of the pandemic “.

“It has been shown that there is a consolidated demand and therefore there is no need to sell at demolition prices, so in the case of new construction we consider that there may be slight increases at the end of the year,” explains the manager, who assures that today there is an “underproduction of new housing”.

Increase in visas
After the 2008 crisis, the productive activity of housing plummeted and after a few years of recovery, the Covid caused the 2020 to close with a drop in visas of close to 20%, exceeding 80,000 units.

Although the first quarter of the year also closed with decreases, this situation changed already between April and June and according to the estimates of Cuervo 2021 it will end with figures higher than those of last year, although “it will not be until 2022 when the barrier of the 100,000 visas “.

“Next year there will be more clear questions, more confidence in the market, savings will continue to be high and it has been shown that in the most difficult moments purchase decisions continue to be very strong, so my estimate is that in 2022 we will be in pre-figures. Covid “, explains the CEO of Asprima.

The healthy thing in a normal scenario would be to produce between 120,000 and 130,000 homes a year

Although, to what extent is it healthy for the sector to increase the production of new construction? Cuervo is clear about it. “Everything that goes hand in hand with the generation of new homes will be responsible and healthy figures for the sector.”

In this way, the expert believes that some 120,000-130,000 new homes a year when normality recovers “would be figures that would satisfy the market for the demand for new construction.”

Need for labor
One of the problems that the development sector faces when increasing its production is the need for labor , a problem that could be exacerbated by the boom expected in the rehabilitation sector with the injection of European funds.

“Right now in construction, 60% of employment is generated by construction,” explains Cuervo, who highlights that the construction sector as a whole “is going to have to manage some 40,000 million of which 6,820 million are linked to housing” .

“We cannot afford the luxury of having the funds and not having the means to be able to execute them ,” says Cuervo, who estimates that the number of jobs that would be necessary with “the arrival of funds for rehabilitation works in the next three years would be 795,600 jobs that correspond to 198,900 full-time jobs .

To this figure must be added the employment that will be generated by the greater number of housing visas from 2022, which would be about 36,000 more jobs in the first year. “

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