by HabitaRetail 
In Catalonia, the implementation of the law regulating rental prices in stressed areas has caused a notable change in the dynamics of the real estate market. Since the implementation of this regulation, a considerable reduction in the supply of rental housing has been observed, especially in metropolitan areas such as Barcelona. This decrease in supply, together with high demand, has generated additional pressure on prices, leading many tenants to reconsider their situation and opt for home purchase instead of remaining in the rental market.
Price controls have restricted the profitability for owners of rental properties, which has caused some to decide to sell their properties instead of renting them under the new conditions. This phenomenon is contributing to an increase in buying and selling activity, as people who previously considered renting as their first option are now more inclined to purchase a home, seeking stability and a long-term investment.
In addition, falling interest rates and the economic recovery in Catalonia, aligned with national growth forecasts, are fostering a favorable environment for property purchases. These factors are expected to continue to drive residential sales, especially in a market with a supply of new construction that does not fully meet demand. This mismatch between limited supply and growing demand could continue to put upward pressure on home prices in Catalonia over the next few years.
This context highlights an opportunity for investors and buyers in Catalonia, where the combination of rent control policies and a favorable economic environment could continue to energize the real estate market, making home buying an increasingly attractive alternative.