Probably Spain's property market really hit bottom. According to Spanish notaries, sales in the past year decreased by 19.7% and reached its lowest level since 2008, when the market bubble burst.
Property values in 2013 fell by 8.6%, while the number of transactions obschiee not reached 300 thousand and writes Spanish Property Insight.
Average price per square meter was about € 1240. It was another fall that the market is showing for the past six years.
Mortgage lending fell by 27.8% year on year and by 81% compared with 2007.