Culmia CEO Francisco Pérez during his participation in the real estate conference organised by El Economista, shared new data, where he pointed out that “price increases of 10% or 11%, as we have seen in recent years, cannot continue”.

“The increases have four years left to run, after which they will settle at what would be normal, increases above inflation, or slightly more,” said the executive, in line with the rest of his colleagues at the discussion table, which included the CEO of Neinor Homes, the president of Vía Ágora and the CEO of Metrovacesa, quoted idealista.

In this regard, Metrovacesa executive Jorge Pérez de Leza pointed out that he does not consider the price increases that have occurred “to date to be sustainable.” In this regard, the CEO of Neinor Homes, Borja García-Egotxeaga, has opted to “put more housing on the market as a way to contain prices,” after pointing out that “it is not new construction that is setting housing prices in Spain.”

Finally, on another note, the president of Vía Ágora drew attention to the fact that there are “Chinese industrialisation companies that are focusing on Spain”. “They are focusing on Europe, but also on our country, and we may find ourselves with a Chinese company that is going to build I do not know how many thousands of homes at a given moment,” warned Gómez-Pintado.