Generalitat Valenciana income falls in first quarter due to property market slowdown
The Generalitat Valenciana reports a decline in revenue from devolved and regional taxes during the first quarter of 2026 due to the housing market slowdown.
The Generalitat Valenciana has experienced a notable reduction in its tax revenue during the first quarter of 2026, a direct consequence of the stagnation affecting the property market.
Devolved and regional taxes, which constitute a significant portion of the autonomous community’s revenue, have been particularly affected by reduced activity in property sales and asset transfers.
This fall in revenue poses an additional challenge for the Valencian public coffers, which will need to adjust their budgetary forecasts in light of the property sector slowdown.
The housing market standstill, linked to rising credit costs and economic uncertainty, continues to have a negative impact on the finances of the Valencian Community.
Source: informacion.es
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