Spain faces one million home deficit by 2028
- Bank of Spain Deputy Governor Soledad Núñez warns of a growing housing shortfall as property prices outpace national income growth.
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Spain faces one million home deficit by 2028 · Spain's public debt falls below 100% of GDP · ECB rate hike pushes Spanish mortgage costs up
Spain's public debt falls below 100% of GDP
- Spain’s debt-to-GDP ratio dropped to 99.9% in July 2026, the first time the figure has fallen below the 100% threshold since 2020.
ECB rate hike pushes Spanish mortgage costs up
- Rising interest rates and a 12% surge in Spanish house prices have increased annual mortgage repayments by over 1,000 euros for owners.