The construction and housing demand Galicia new fall accused held in 2010, while the flea market grew 27 percent and reached 43 percent of total sales. The Property Centre's new report, published by the Center for Economic and Financial Research (CIE) of Novacaixagalicia confirms the "sharp" sector construction and real estate in Galicia during the first nine months of 2010, with declines in construction and in rates above 5 percent.

This negative trend in new housing demand has reflected in a steady decline of employment with 8,700 occupied unless you fail the same period in 2009.

The study noted that all indicators of the sector Galicia construction show "the persistence of the crisis."

During the first half of 2010, the architects' associations 1783 endorsed them free housing and 220 new protected, which joint represents a drop of 41 percent over the same period of 2009 and a new low.

With the exception of Lugo, where visas rose 8 percent, the rest give provinces experienced declines, more intense in the case of A Coruña (55%) and Pontevedra (37%), while Ourense that the decline was 8 percent.

On the other hand, continues the "collapse" of advocacy tourism and second homes, with only 407 projects located.

With respect to housing demand, the report evidence the brakes on free fall suffered in the years Galicia earlier.

However, the increase in purchases recorded in the six first months of the year did not continue in the third quarter.

According to the calculations of attorney, between January and September 2010 Galicia were sold almost 17,700 properties, a figure do you suppose a slight 0.6 percent increase over the year above.

This increase is due to the buoyancy of the housing market used, over 7,600 purchases (43 percent of the total), representing a growth of 27 percent.

By contrast, demand for new residence maintained negative trend with a decline in sales of 13 percent.

Other indicators analyzed by the Estate of Novacaixagalicia highlight the "weakness of demand residential. "


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