Daily Archives: June 22, 2011

City of Madrid is running out of new-built stock

The Spanish property consultancy Foro Consultores, has recently released its report with the Madrid property finder about the Madrid housing market in new developments (2007-2011). The main conclusion of their analysis is that new-built property stock in Madrid was reduced by up to 50% between 2007 and 2010. The new-built property stock decreased from 10,000 units to just slightly more than 5,000