Fitch predicts that difficulties in accessing housing in Spain will “persist” for a few years. An analysis by the rating agency indicates that house prices will rise in line with household income at least until 2025.

Fitch predicts an increase in mortgage delinquencies in both Spain and Portugal in the short term. The agency speaks of a market “at two speeds between regions, with stagnant housing values ​​in less populated peninsular areas and solid price growth in large urban centers and in most tourist areas”