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Spanish house prices drop 7.6% Q1 2009

Posted on 02 July 2009

From Kyero.com: Spanish house prices drop 7.6% in Q1 vs 5.4% in Q4 - First ever recorded fall in new house prices in Spain - Spanish slowdown behind Ireland, UK, recovery seen 2012 - Analysts see double-digit Spanish price falls this year.
Spanish house prices fell at their fastest pace on record in the first quarter, after new house prices dropped for the first time, and analysts saw double-digit declines ahead as unemployment spirals……….Full Article: Source


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