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Spanish home prices stop dropping for first time in 3 years

Posted on 07 February 2013

Existing home prices in Spain were little changed in January, the first month without a decline in three years, according to Fotocasa.es and IESE Business School.
The average asking price was 1,890 euros ($2,550) a square meter compared with 1,891 euros in December, Fotocasa, a Spanish real estate website, said in a survey published today. The annual decline was 9.9 percent. Homes in Madrid, Spain’s capital and financial center, rose in January 0.3 percent to 2,965 euros a square meter, 57 percent more than the national mean………………………………………..Full Article: Source


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