The household expenditure on housing rentals in Spain is forecasted to remain stable at 1.8% of GDP from 2024 to 2027, with a slight increase to 1.9% in 2028. This indicates a steady trend with minimal year-on-year variation. In 2023, the value stood at 1.8% of GDP. Over the next five years, the compound annual growth rate (CAGR) is expected to be around 0.28%, highlighting a marginal upward trend.

Future trends to watch for:

Potential shifts in housing policy or government regulations that could impact rental prices.
Changes in the economic environment influencing household incomes and spending behavior.
Urbanization trends and demographic changes affecting demand for rental housing.
The impact of interest rates and inflation on rental price dynamics.