Home sales in Spain dropped in May for the fourth month in a row according to official statistics that were just released. With the drop in sales, it is expected that prices will begin to show declines in coming months as well as lending policies are being tightened and consumer confidence in the market is ebbing.
Spain’s National Statistics Institute reports that house sales fell 34% in year-on-year numbers. Given that Spain has h... http://bit.ly/4oJJyX
International Real Estate News
Saturday, 21 November 2009
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