| 01.07.2009 - Spanish house prices fall at record pace |
| From Reuters: 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. Home prices fell 7.6 percent between January and March compared to a year earlier, marking 12 months of decline, after a 5.4 percent drop in the fourth quarter of 2008, the National Statistics Institute (INE) reported.........Full Article: Source |