16.03.2012 - Danske Bank warns on Spanish property market threat
Frank ěland, European analyst at Denmark's Danske Bank, has warned of the risks associated with Spain's imploding property market. House prices in Spain dropped -4.2% in the last quarter of 2011, ěland said - the biggest fall ever. The challenge for the market is that there are still no sign of stabilisation in the country's housing market, and there is unlikely to be this year as the macroeconomic environment remains poor...............................................Full Article: Source
Print