In the wake of the negative global economic data released in previous months, there is an increasingly widespread perception that the global economic cycle is deteriorating. A few months ago, Arcano Economic Research published a detailed report explaining why we thought that the current bullish real estate cycle in Spain would last longer than expected, supporting our thesis on fifteen key reasons. Has our stance changed since then? In this chartbook, we ponder on the answer to this question, updating the latest data available in the sector and connecting it to our stance on the duration of the real estate cycle.