May 13, 2014

No more dramatic falls in Spanish Property prices, few bargains left in luxury marked

Spain’s house price falls decelerating, near bottom Spanish house prices registered a year-on-year decline of 4.2% in Q4 2013, slight improvement from a fall of 4.49% the previous quarter, according to Banco de España (BDE). It has now accrued a decline of 30.2% from the maximum values reached in 2007, before the crisis, and has accumulated 21 consecutive quarters of y-o-y declines. The decline...

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