The average rental income up only in large cities

According to these data in Barcelona, Madrid and some other large cities in our country, the average rental income up has risen. And the rest of the country, the medium-sized cities and towns , the average income continues to falling.

For OCU these data have to be treated with caution and the current situation is far from indicating a recovery in the housing market. It is rather a reflection of reality in which hundreds of thousands of people can not afford to buy a home because they lack the necessary ( 20% plus another 10% of expenses) input or lack the sufficient job security . So for these people the only path to a viable housing is rent. As the largest labor dynamics occurs in those big cities like Madrid and Barcelona, ​​is where these spikes in income that do not have much track OCU mark.

According to OCU something similar happens with the sales prices of homes : there have been slight increases, but do not expect prices to rebound on a continuous basis, because there is an imbalance between the ability to pay most of the buyers and the price housing.

While this unbalance is less than the existing few years ago, it persists because, despite the falls in house prices have also lowered wages. Proof of this is that (according to the Bank of Spain) at the end of 2015 6.3 years of gross income for a household to pay for housing still needed , which is more than 6.1 in 2013-2014.