In Spain, continue to drop prices

18.07.2010 12:41
Property News | In Spain, continue to drop prices In the II quarter of the price index for housing in the country dropped to 0.9% on the previous quarter.

The most significant decrease recorded in the regions of Navarra, the Canary Islands and Cantabria, reports RTTNews citing data from the Ministry of Housing of Spain.

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Compared with the II quarter of 2009 cost the Spanish housing was lower by 3,6%. More significant of all was a decrease in the Canary Islands, Valencia and Aragon. At the same time in Asturias, Galicia, Castilla - La Mancha, Extremadura and Cantabria housing has risen in price in relation to the II quarter of last year.
Recall that in I quarter of the cost of residential property in Spain fell by 1,2% on the previous quarter.
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