Second-hand housing reform will drop by 15% in 2023

The reform and rehabilitation sector will lose its relevance this year. This is the construction section. It fell 1.4% in 2022 and is projected to drop 2.9% again in 2023.; According to the latest report submitted by the National Association of Ceramics and Building Materials Distributors (Animac). “The decline in activity under the reform is mainly due to two reasons: the energy crisis and its impact on prices and purchasing power, and the base effect that 2021 represents for the very broad reform segment,” the association said.

There was activity in the building materials market. new construction with an increase of 12.75% compared to last yearThe second catalyst has been second-hand housing reform, although it will remain flat in 2023. However, it will be this segment that will lose the most momentum this year. “Used real estate reform could drop by 15 percent,” spokesmen said during the presentation of the report. As a result, work in homes will henceforth focus on improving the quality of the habitual dwelling.

throughout 2022, average cost of reform living place was 1,082 euros, 4.6% higher than the previous year. On the other hand, the total number of residences for which improvement works were carried out decreased by 1.4% to 1.75 million units.

Construction materials employer confirmed this material cost increased by about 9%, over the past year, due to “inflationary tensions”. For this year, they expect this rapid increase to slow down and close the year with 1.2% growth “around the average of expected inflation”.

Obsolescence of the housing stock

Andimac points out that 70% of the wealth of Spaniards is accumulated in their habitual residence. For this reason, they emphasize that these assets, which they emphasize as “growing”, will not get old. “It will be a problem 15-20 years from now, but you have to act today to avoid it. Sebastián Molinero, the association’s general secretary, says the homes most at risk are developmentalist homes built in the 50s.

Spain developed the first quality regulation for buildings in 1976, but did not implement the first major regulation on electrical and acoustic efficiency until 2012. opportunity to clearly improve the quality of the building stock in terms of benefits. For this, it is important that the industry is able to communicate to users a comprehensive vision of these improvements that reduce energy consumption as well as improve the quality of life in the home,” adds Molinero.

Source: Informacion

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