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Spanish property overhang shrinks

Posted on 17 June 2009

From Kyero.com: 614,000 completed new homes left unsold, Analysts say number less than forecast, Another 627,000 still in construction.

Spain had 614,000 new homes sitting unsold at the end of 2008 — lower than most analysts’ estimates — according to the first major survey of Europe’s most over-stocked home market……..Full Article: Source


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