The construction sector manages to recover its pre-pandemic production levels.
The data is explained, to a large extent, by the boom in housing renovation
MADRID, Jul 22 (EUROPA PRESS)
The approved surface area dedicated to new construction and rehabilitation has increased by 1.66% in the second quarter compared to the same period of 2019 and by 60% compared to the atypical year 2020, something that breaks the trend of falls of the five previous quarters, according to data provided by the College of Architects of Spain (CSCAE).
These good data are largely due to the good performance of the housing renovation sector, which grew 28.47% more than in 2019 (1,789 more homes than in the same semester two years ago).
New construction also grows compared to the same period in 2019, but somewhat less, 5% (1,445 more homes). The architects explain this good performance of the refurbishment sector in the "wide margin for improvement" of the sector, since the rates of major refurbishment per year in Spain are "meager", with figures close to 0.8% (compared to averages for countries such as France, Germany or Switzerland, with rates between 1.5% and 2%).
In addition, taking as a reference the whole of the semester, the 14,218 homes approved until June represent 17.77% more than in the same period of the year prior to the pandemic. (Almost 56% of the rehabilitated homes in 2019 have already been approved).
They also highlight from the CSCAE that, in a disaggregated way, in the second quarter of this year, the increase in the area approved for residential renovation has been 24.36% in relation to the same period of 2019 and the non-residential area has increased 23.57%.
Altogether, it has supposed an exponential growth, since it has gone from an increase of 0.2% in the first quarter compared to the same period of 2019 to 23.92% between April and June.
"Rehabilitation is the great challenge that our country has, and the impulse contemplated by Component 2 of the Recovery Plan to rehabilitating 480,000 homes between 2021 and 2023 may be the stimulus our country needs to promote the 'renewal wave' required by the built stock in terms of energy efficiency, accessibility, functionality and conservation ", stressed the president of the CSCAE, Lluis Comerón .
In this sense, he pointed out that the success of this initiative will depend on the aid being convened "as soon as possible", on the agility with which said aid is processed and on the creation of adequate "legal, fiscal, financial and technical conditions. ".
RECOVERY IN NEW BUILDING, SLOWER
Although the data is not as spectacular as in the rehabilitation sector, the new construction sector is gradually recovering the levels prior to the shock of the pandemic.
The new housing visa has increased by 5% in the second quarter of 2021, with data still lower than the figures for the second quarter of 2019, both in terms of surface area approved for residential and non-residential new construction (-2.52% and -4.59 %, respectively).
In any case, the evolution "is positive" after a first quarter in which the falls compared to the same period of 2019 were 19.8% in the residential area and 11.71% in the non-residential area, they have clarified since the CSCAE.
Compared to the first half of 2020, the total area approved, both residential and non-residential, offers a notable improvement, with an increase of 22.6%. 2,284,891 more square meters have been approved, going from 10,090,120 to 12,375,011 square meters between January and June of this year. However, it represents a decline of 10.3% compared to the first half of 2019, with 1,414,539 meters less visas.
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