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Banks predict more steep prices falls in Spanish property market

Posted on 11 June 2009

From Propertywire.com: The Spanish property crisis is set to deepen with a new report from the country’s second biggest bank predicting that residential real estate will fall 10% this year and another 12% next year.

The report from BBVA estimates that by 2012 overall property prices will have fallen by 30% since their peak……..Full Article: Source


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