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search of a new normal</span></a></h2><div class="category primary_color"><div class="field_seccion field"> Dossier</div></div><div class="box_author_date box_ad box_with_image"><div class="field_author multiple"><div class="autor"><div about="/en/author/jose-ramon-diez" class="author-complete-teaser"> <a href="/en/author/jose-ramon-diez"><div class="field_fotografia field"><div class="field_media_image field"> <img src="/sites/default/files/styles/index_autor/public/content/image/2022/03/22/34454/joseramondiez-bn-cuadrada.jpg?itok=onBpj1ja" width="136" height="136" alt="Jos茅 Ram贸n D铆ez" loading="lazy" typeof="foaf:Image" /></div></div><div class="author-info"><div class="nom"><div class="name field"> Jos茅 Ram贸n D铆ez</div></div></div> </a></div></div></div><div class="created">November 18th, 2024</div></div></article></div></div></div></div></li><li class="menu-item menu-item--expanded menu-item--active-trail"> <a href="/en/sectoral-analysis" 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<a href="/en/sectoral-analysis/real-estate" data-drupal-link-system-path="taxonomy/term/19">Real Estate</a><div class="menu_link_content menu-link-contentmain view-mode-default menu-dropdown menu-dropdown-1 menu-type-default"></div></li><li class="menu-item"> <a href="/en/sectoral-analysis/tourism" data-drupal-link-system-path="taxonomy/term/20">Tourism</a><div class="menu_link_content menu-link-contentmain view-mode-default menu-dropdown menu-dropdown-1 menu-type-default"></div></li><li class="menu-item"> <a href="/en/sectoral-analysis" data-drupal-link-system-path="taxonomy/term/15" class="is-active">View all about Sectoral analysis</a><div class="menu_link_content menu-link-contentmain view-mode-default menu-dropdown menu-dropdown-1 menu-type-default"></div></li></ul></div></div></div><div class="js-view-dom-id-5380e9ec2456c43f739674ea24be10ac4d220118b1fb3aeb233491018574856b col-right"><div class="content-article-menu"> <article data-history-node-id="12946" role="article" about="/en/sectoral-analysis/agrifood/agrifood-sector-begins-recover-2024" typeof="schema:Article" data-type="article"><div class="field_thumbnail field"><div class="field_media_image field"> <img src="/sites/default/files/styles/menu_destacado/public/content/image/2024/11/11/34529/agroalimentario-espana-michael-lechner-ky2e8df3gxo-unsplash.jpg?itok=xEymc3LH" width="400" height="200" alt="Campo de trigo segado. Photo by Michael Lechner on Unsplash" loading="lazy" typeof="foaf:Image" /></div></div><h2><a href="/en/sectoral-analysis/agrifood/agrifood-sector-begins-recover-2024"><span property="schema:name">The Agrifood Sector Begins to Recover in 2024</span></a></h2><div class="category primary_color"><div class="field_seccion field"> Spanish economy</div></div><div class="box_author_date box_ad box_with_image"><div class="field_author multiple"><div class="autor"><div about="/en/author/pedro-alvarez-ondina" class="author-complete-teaser"> <a href="/en/author/pedro-alvarez-ondina"><div class="field_fotografia field"><div class="field_media_image field"> <img src="/sites/default/files/styles/index_autor/public/content/image/2022/03/22/34454/pedroalvarez-bn-cuadrada.jpg?itok=UeXzHu7H" width="136" height="136" alt="Pedro 脕lvarez" loading="lazy" typeof="foaf:Image" /></div></div><div class="author-info"><div class="nom"><div class="name field"> Pedro 脕lvarez Ondina</div></div></div> </a></div></div></div><div class="created">November 14th, 2024</div></div></article></div></div></div></div></li><li class="menu-item menu-item--expanded"> <a href="/en/geographical-areas" data-drupal-link-system-path="taxonomy/term/211">Geographical areas</a><div class="menu-desplegable menu_visual_1"><div class="container menu_visual_1"><div class="col-left"><div class="content-visual-menu"><div class="menu_link_content menu-link-contentmain view-mode-default menu-dropdown menu-dropdown-0 menu-type-default"><ul class="menu menu-level-1"><li class="menu-item"> <a href="/en/areas-geograficas/spain" data-drupal-link-system-path="taxonomy/term/212">Spain</a><div class="menu_link_content menu-link-contentmain view-mode-default menu-dropdown menu-dropdown-1 menu-type-default"></div></li><li class="menu-item"> <a href="/en/areas-geograficas/portugal" data-drupal-link-system-path="taxonomy/term/213">Portugal</a><div class="menu_link_content menu-link-contentmain view-mode-default 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class="field_media_image field"> <img src="/sites/default/files/styles/menu_destacado/public/content/image/2024/11/08/34529/ico_im_11_24_roja_n.jpg?itok=mbtY6ro1" width="400" height="200" alt="Perspectivas 2025" loading="lazy" typeof="foaf:Image" /></div></div><h2><a href="/en/economics-markets/activity-growth/spain-2025-dynamic-growth-albeit-slightly-lower-2024"><span property="schema:name">Spain 2025: dynamic growth, albeit slightly lower than in 2024</span></a></h2><div class="category primary_color"><div class="field_seccion field"> Dossier</div></div><div class="box_author_date box_ad box_no_image"><div class="field_author multiple"><div class="autor"><div about="/en/author/oriol-carreras-baquer" class="author-name-teaser"><div class="nom"><a href="/en/author/oriol-carreras-baquer"><div class="name field"> Oriol Carreras Baquer</div> </a></div></div></div><div class="autor"><div about="/en/author/javier-garcia-arenas" class="author-name-teaser"><div class="nom"><a 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id="block-caixabank-content" class="block block--fancy system_main_block block-caixabank-content"><div about="/en/sectoral-analysis" class="term categories subhome_tema"><div class="field_tx_paragraph"><div class="paragraph ptype_subhome-tema pmode_default"><div class="field_g_tax_1 field"><div about="/en/taxonomy/term/178" class="term vistas default"><div class="highlighted-top js-view-dom-id-c1292c47d06620f09889a5e7b6dc551ec1f936c361c1d26da0ec0564078f31dc view-subhome-tema-destacados"> <article data-history-node-id="12980" role="article" lang="es" about="/en/publications/notas-breves-actualidad-economica-y-financiera/spain/precio-vivienda-avanzo-60" class="node content-header brief-note destacado-subhome-tema"><div class="info"><div class="category "> <a href="/es/tags/inmobiliario" hreflang="es">Inmobiliario</a></div><h2 class="h1"><a href="/en/publications/notas-breves-actualidad-economica-y-financiera/spain/precio-vivienda-avanzo-60"><span>El precio de la vivienda avanz贸 un 6,0% interanual en el 3T 2024</span></a></h2><div class="body field"><p><span><span><span>El valor de tasaci贸n de la vivienda libre volvi贸 a crecer con fuerza en el 3T 2024, con un aumento muy din谩mico, del 1,3% intertrimestral. En t茅rminos interanuales, el precio se aceler贸 3 d茅cimas respecto al trimestre anterior (6,0% en el 3T 2024 frente al 5,7% del 2T). A pesar de esta tendencia alcista, cabe se帽alar que el valor de tasaci贸n, en t茅rminos nominales, a煤n se encuentra un 8,6% por debajo del m谩ximo registrado en el 1T 2008. En t茅rminos reales (ajustando por la inflaci贸n), el valor tasado de la vivienda libre se encuentra un 33% por debajo del m谩ximo.</span></span></span></p></div><div class="autor-fecha slash no_photo"><div class="field_author multiple "><div class="autor"><div about="/en/author/judit-montoriol-garriga" class="author-name-teaser"><div class="nom"><a href="/en/author/judit-montoriol-garriga"><div class="name field"> Judit Montoriol Garriga</div> </a></div></div></div><div class="autor"><div about="/en/author/pedro-alvarez-ondina" class="author-name-teaser"><div class="nom"><a href="/en/author/pedro-alvarez-ondina"><div class="name field"> Pedro 脕lvarez Ondina</div> </a></div></div></div></div><div class="fecha">21 November 2024</div></div></div><div class="image"> <a href="/en/publications/notas-breves-actualidad-economica-y-financiera/spain/precio-vivienda-avanzo-60"><div class="field_imagen field"> <article><div class="field_media_image field"> <img src="/sites/default/files/styles/destacado/public/content/image/2022/06/21/49/ico_nb_inmobiliario_espanya.jpg?itok=cfukXrxr" width="670" height="399" alt="Inmobiliario Espa帽a" loading="lazy" typeof="foaf:Image" /></div> </article></div> </a></div></article><article data-history-node-id="12957" role="article" about="/en/sectoral-analysis/real-estate/spanish-real-estate-market-2024-2025-expansive-mode?19" typeof="schema:Article" class="node content-header article destacado-subhome-tema"><div class="info"><div class="category "> <a href="/en/tags/real-estate" hreflang="en">Real estate</a></div><h2 class="h1"><a href="/en/sectoral-analysis/real-estate/spanish-real-estate-market-2024-2025-expansive-mode?19"><span property="schema:name">The Spanish real estate market in 2024-2025: in expansive mode</span></a></h2><div property="schema:text" class="body field"><p>The current state of Spain鈥檚 real estate market is characterised, broadly speaking, by the strength of demand and the scarcity of supply. As a result of this mismatch between supply and demand, home prices have accelerated, especially in the case of new-builds. Here at CaixaBank Research we already predicted that the upward trend in the real estate market would take hold in 2024, but the published data have proved to be more bullish than expected, and this, together with the improvement in the economic outlook, has led us to revise upwards our real estate sector forecasts for 2024-2025.</p></div><div class="autor-fecha slash has_photo"><div class="field_author single "><div class="autor"><div about="/en/author/judit-montoriol-garriga" class="author-complete-teaser"> <a href="/en/author/judit-montoriol-garriga"><div class="field_fotografia field"><div class="field_media_image field"> <img src="/sites/default/files/styles/index_autor/public/content/image/2019/12/05/1/juditmontoriol.jpg?itok=zOJfPpmw" width="136" height="136" alt="Judit Montoriol CaixaBank Research" loading="lazy" typeof="foaf:Image" /></div></div><div class="author-info"><div class="nom"><div class="name field"> Judit Montoriol Garriga</div></div></div> </a></div></div></div><div class="fecha">18 November 2024</div></div></div><div class="image"> <a href="/en/sectoral-analysis/real-estate/spanish-real-estate-market-2024-2025-expansive-mode?19"><div class="field_thumbnail field"> <article><div class="field_media_image field"> <img src="/sites/default/files/styles/destacado/public/content/image/2024/11/11/34529/inmobiliario-grua-tye-doring-a7xke_rxzrs-unsplash.jpg?h=9b4b1e73&itok=9_49fr1Y" width="670" height="399" alt="Gr煤as de construcci贸n. Photo by Tye Doring on Unsplash" loading="lazy" typeof="foaf:Image" /></div> </article></div> </a></div></article></div></div></div></div><div class="paragraph ptype_subhome-tema pmode_default"><div class="field_g_tax_1 field"><div about="/en/taxonomy/term/179" class="term vistas default"><div class="three-col border-bottom view view-eva view-subhome-tema-articulos view-id-subhome_tema_articulos view-display-id-attachment_1 js-view-dom-id-41c1024392d92b5d1d86bf8aa228efae5594dded593112e9830eff6d2277b6d0 view-lista-articulos"><div class="flex three-columns-gap20 wrap"> <article data-history-node-id="12946" role="article" about="/en/sectoral-analysis/agrifood/agrifood-sector-begins-recover-2024" typeof="schema:Article" class="node article teaser-llista-articles"> <a href="/en/sectoral-analysis/agrifood/agrifood-sector-begins-recover-2024"><div class="field_thumbnail field"><div class="field_media_image field"> <img src="/sites/default/files/styles/teaser/public/content/image/2024/11/11/34529/agroalimentario-espana-michael-lechner-ky2e8df3gxo-unsplash.jpg?itok=rL7ka14i" width="433" height="289" alt="Campo de trigo segado. Photo by Michael Lechner on Unsplash" loading="lazy" typeof="foaf:Image" /></div></div> </a><div class="category "> <a href="/en/tags/agrifood" hreflang="en">Agrifood</a></div><h2 class="teaser_title"><a href="/en/sectoral-analysis/agrifood/agrifood-sector-begins-recover-2024"><span property="schema:name">The Agrifood Sector Begins to Recover in 2024</span></a></h2><div class="autor-fecha slash"><div class="field_author single "><div class="autor"><div about="/en/author/pedro-alvarez-ondina" class="author-name-teaser"><div class="nom"><a href="/en/author/pedro-alvarez-ondina"><div class="name field"> Pedro 脕lvarez Ondina</div> </a></div></div></div></div><div class="fecha"> 14 Nov 2024</div></div></article><article data-history-node-id="12874" role="article" about="/en/economics-markets/inflation/food-prices-offer-respite" class="node sectorial-report-article teaser-llista-articles"> <a href="/en/economics-markets/inflation/food-prices-offer-respite"><div class="field_thumbnail 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Situation and outlook for Spain鈥檚 agrifood sector in 2024</span></a></h2><div class="autor-fecha slash"><div class="fecha"> 29 Oct 2024</div></div></article></div><div class="btn bordered red"><div about="/en/sectoral-analysis" class="term categories subhome_tema_link_to_all"> <a href="/en/sectoral-analysis?all"><div class="more-about">More about </div><div class="name field"> Sectoral analysis</div> </a></div></div></div></div></div></div><div class="paragraph ptype_publicacion-destacada pmode_default"></div><div class="paragraph ptype_temas-y-tendencias-relacionadas pmode_default"></div></div><div class="node_view"></div></div></div></div></div></main><footer role="contentinfo"><div class="container"><div class="logo_caixa_footer"> <a href="https://www.caixabankresearch.com/en" title="CaixaBank Research footer logo"> <svg xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" version="1.1" x="0px" y="0px" viewBox="0 0 469.7 126" style="enable-background:new 0 0 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