| 29.04.2009 - Property in Spain remains severely overpriced |
| From Homesoverseas.co.uk: Property in Spain remains highly overpriced, despite drastic price cuts in the last year or so, according to data compiled and published in The Economist magazine. The print publication, which looked at property values in a string of developed countries, claims that average prices in Spain need to fall by a further 50% in relation to rents and incomes, just to get back to the long-term average......Full Article: Source |