The price of the house
it’s through the roof. A situation that has arisen due to the rise in interest rates, having a great impact on the Euribor. Daniel Machuca, spokesman for the Association of Financial Users (Asufin)has confessed that he does not believe that this problem will be solved in the short term.
Daniel Machuca has recalled that
the European Central Bank (ECB) He already warned that there would be more increases in interest rates. “In September we may see an additional rise that would have an impact on the Euribor and the price of housing,” she clarified.
Therefore, from Asufin they forecast that the rental price will continue to rise in these months. A situation also caused by the increase in demand, which is that by not being able to buy, more people choose to rent, which
causes prices to rise.
The Asufin spokesman explained that they forecast that the rise in interest rates
It can be extended until December. “In January we may see a slight reduction in the Euribor and from June or July, the reduction will be more pronounced. By the end of 2024, we expect rates to be around 2-3%,” she clarified.