House prices will continue to fall in 2011

November 3, 2010 at 4:21 pm 1 comment

As the end of the year is approaching, it’s interested to hear more and more predictions regarding the Spanish real estate market. This is one other prediction that specialists have made, namely that prices of pre-owned houses will continue to drop in 2011.

According to El País and the president of the Network of Real Estate Experts, Eduardo Molet, predicts the price of second-hand housing, both sales and rentals will continue to decline throughout 2011 and will have to wait 2012 for prices to experience a smooth and progressive increase.

In addition, the leader of the Network of Real Estate Experts considers that the application of the upper class has driven sales growth, albeit at ever lower prices. He also claims that those properties are sold only at a second hand quality, if are well located and whose prices have fallen about 30% from 2006.

source: elpais.com

Advertisements

Entry filed under: News, Real estate. Tags: , , , , .

The Spanish hotel sector strengthens its presence in Europe The best place to start a business

1 Comment Add your own

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Like us on Facebook!

Share this page on Tuenti

Kinos Group

@kinosgroup

Error: Twitter did not respond. Please wait a few minutes and refresh this page.

Kinos Group on LinkedIn

International Property Listings

Videos of our properties


%d bloggers like this: