The new US–EU trade agreement brings clarity to markets and implications for real estate

The new trade agreement between the United States and the European Union introduces a clearer framework for transatlantic trade. A single 15% tariff on most EU exports to the US, covering sectors such as automotive, pharmaceuticals and semiconductors, reduces uncertainty that had been weighing on macroeconomic expectations.

From a real estate perspective, this clarity may help restore investor confidence, particularly in industrial and logistics assets, which are closely linked to global trade flows.

In Europe, a more stable outlook combined with lower interest rates is expected to continue supporting housing demand. The outlook is more nuanced in the United States. Persistent inflationary pressures and weaker purchasing power could limit momentum in the residential market, despite the easing of trade-related uncertainty.

In our latest analysis, Cristina Arias Baniela, Director of Research Services at Tinsa España, examines the economic context and its potential impact on real estate markets on both sides of the Atlantic.