| From Thestar.com: House prices in Spain have fallen for a second straight quarter, the government said yesterday, offering more bad news for a real estate sector that fuelled a decade of economic growth but has gone flat.
The housing ministry said prices fell 1.3 per cent in the third quarter of this year from the second quarter. That means home prices are now only 0.4 per cent higher than they were in September of 2007. Capital Economics, a London-based economic research organization, said the situation is actually much worse, with price declines of 30 per cent likely..... Full Article: Source
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