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Spanish property price rise not imminent

Posted on 06 December 2012

Spanish property prices won’t be increasing in the near term. Gerald Beck, managing director of Raiffeisen, told Property Investor Europe that across the continent a real estate recovery will not occur during 2012/2013, as was originally envisaged.
“We think that the market recovery will not come as quickly as we all had hoped,” he said. “As things stand now, we will not see it happen next year.”……………………………………….Full Article: Source

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