A few days ago the report on the housing rental market in Barcelona in the first half of 2022 was published and here we bring you the summary and its results.

This article is a summary of the results that La Cambra de la Propietat Urbana de Barcelona produces each semester based on the data from the bonds.

The housing rental market in Barcelona in 2022

Some interesting points can be collected from this statistical study that can help us understand the state of the real estate market in Barcelona and the behavior of its actors.

Knowing the volume of the rental market is an essential piece of information to study the behavior of housing.

The INCASOL data:

  • on the register of registrations of new rental contracts
  • cancellations at the end of a contract
  • the balance between registrations and cancellations

… are indicators of the evolution of the rental stock in Barcelona.

But the data must be looked at carefully, because INCASOL only counts as termination of the contract when the return of the deposit is processed.

The limitation of income slows down the rise in rental prices in Barcelona, ​​despite the reduction in supply.

Usually the reduction in supply would affect prices and raise them, however, the slowdown in the purchasing power of buyers has meant that during the first half of 2022 prices have controlled themselves.

In this sense, it should be noted, on the previous point, that this first semester has seen a historic drop in the supply of rental housing in Barcelona.

A legal framework that does not help

Certainly, the legal uncertainty that exists between landlords and tenants does nothing to help the rental market behave in a healthy and positive way.

For years, specifically in 2015, laws have been passed in Catalonia that have seriously affected this balance.

Things like:

  • fixing the rent in the market
  • the collection of the rent
  • the duration of the contract
  • the recovery of the house when the contract ends or when the rent is not paid

and so on…

Despite the fact that in recent statements the Spanish government claimed that the occupation was an invention of the “right” does not help.

The consideration that the Barcelona City Council of Ada Colau gives to the problem of the occupation makes many owners think about it a lot when it comes to putting a house up for rent.

Some, they tell us, feel unprotected since, if they don’t rent it, it is empty and in danger of being occupied, but on the other hand, if they rent it, they risk the tenant not paying and being considered a vulnerable person with no obligations.


The forecast for the second semester

Despite this, the forecasts indicate that during this second semester, the prices of rental housing will rise again by around 10% compared to the previous semester.

Be that as it may, we are sure that the market will be regulated despite the policy.

Links of interest

If you have been interested in this information and want to expand it, I leave you the direct link to the report – report link

In direct link to the Chamber of Urban Property of Barcelona

And the direct link to the – Immobarceló rental housing offer

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