As compared to May 2013, according to reports in May of this year, consultancy Tinsa, property prices in Spain fell by 4% Opp-the connect . It was minimal decline since March 2011, when prices fell by 0.7% year on year. Minimum price declines recorded in the largest cities (- 3.3%) and the Balearic Islands (-3.8%). Prices on the Mediterranean coast fell by 7.9%. According to the National Institute of Statistics, in the first quarter prices decreased by 1.6% year on year. At the same time in Madrid, the Basque Country, Cantabria and the Balearic Islands for the first time in many years, the increase in prices was recorded. At the same time, the agents noted an increase in demand, including from foreign buyers. Sales of "bad bank" Sareb increased significantly in April 2014 - 5000 objects only in April, while for the entire 2013, the figure was 9000 object. HomesOverseas.ru
The rate of decline in property prices in Spain slowed down
16.06.2014
Homesoverseas.ru editorial office
25
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