The housing sector calls for a pact with the Government after the failure of the law to restrict purchases

The housing sector calls for a pact with the Government after the failure of the law to restrict purchases

The total amendment that the Consell de Garanties Estatutàries has made to the bill to restrict home purchases has not come as a surprise to the business and real estate sector. Since the Govern accepted this initiative from the commons in exchange for their votes to approve the 2026 budgets, entities and professional associations have warned that it contravenes fundamental precepts of the Constitution and the Statute.

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The sale of apartments has now seen two consecutive quarters of decline

The sale of apartments has now seen two consecutive quarters of decline

The housing market loses momentum after several months of strong activity. Home sales fell by 5.7% between April and June compared to the previous quarter, down to 167,934 transactions, thus marking two consecutive quarters of declines and recording the lowest volume since the third quarter of 2024. Compared to the same quarter last year, the decrease is 2.3%. However, the slowdown in transactions has not yet translated into a moderation of prices, which continue to reach historic highs, nor does it curb the interest of foreign buyers.

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Spain already sends more packages than letters

Spain already sends more packages than letters

It has long been that sending a postcard during the summer holidays is a habit reserved for the most nostalgic. Handwritten love letters now mostly belong to the realm of fiction, and more and more companies offer to receive bills electronically instead of in the mailbox. At the same time, the rise of e-commerce has transformed the postal business to an unprecedented extent: for the first time in history, in Spain more packages than letters are sent through these services. This is shown by the data from a report published this Wednesday by the National Commission on Markets and Competition (CNMC).

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The Government will amend the rule against speculative buying due to unconstitutionality

The Government will amend the rule against speculative buying due to unconstitutionality

The Government of the Generalitat assured yesterday that it will seek “legal measures” to protect the right to housing in Catalonia and opened the door to substantial modifications in the law against speculative buying after the setback from the Consell de Garanties Estatutàries, which deeply questioned the regulation and emphasized that it violates the Constitution. The Comuns’ bill, agreed with the PSC Government, aims to restrict speculative buying and selling of homes in stressed areas as long as it is not for residential use.

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SpaceX increases its revenue by 92% in the first review as a publicly traded company

SpaceX increases its revenue by 92% in the first review as a publicly traded company

Some data more than expected on Wall Street. At the close of the session, SpaceX reported this Tuesday a 92% increase in its revenues during the second quarter (April-June), in its first results since its IPO last June. This increase was driven by the strong growth of Starlink, its satellite internet business, and its activities related to artificial intelligence.

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The Ibex sets a new record by closing above 20,000 points for the first time

The Ibex sets a new record by closing above 20,000 points for the first time

The main benchmark index of the Spanish stock market, the Ibex, has closed the session marking a new historic high by surpassing the threshold of 20,000 points. The selective index has appreciated 0.21% since yesterday and 14% so far this year. Good corporate results and the drop in oil prices due to the de-escalation of the conflict in Iran are behind this new stock market milestone.

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The Government will rectify after the report from the Consell de Garanties that questions the housing law

The Government will rectify after the report from the Consell de Garanties that questions the housing law

El Govern de la Generalitat assures that it will seek “legal measures” to protect the right to housing in Catalonia following the opinion of the Consell de Garanties Estatutàries (CGE) which warns that the regulation agreed upon by the Catalan Executive with the commons violates several legal provisions of the Constitution and the Statute, including the right to private property, freedom of enterprise, and the principle of legal certainty.

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