Quickies: Fitch Ratings Agency predicts a contraction of 10-15% in the real estate market

January 24, 2011 at 3:16 pm Leave a comment

Of course, they have their reasons, such as the oversupply of houses, the government’s austerity measures or the general lack of confidence in the real estate market. Because of this, it seems that the Spanish housing market is less attractive than the Irish one. The estimation is that prices will continue to fall until 2012 and the real estate market will need a couple of years to recover.

 

 

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

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