18.06.2009 - Spain property market shrinks by 48%
From Homesoverseas.co.uk: The Spain property market contracted by 48% in April, compared to the corresponding month last year, according to the latest data released by the National Institute of Statistics (INE). The figures show that there were just 26,251 property transactions in April (excluding social housing), the worst sales figures on record, illustrating the existing lull in demand for property in Spain.........Full Article: Source