News Archive: house prices

10, 2012 May:

Spain's bailout: Have we finally reached the bottom?

The chairman of Spain's third-largest bank, which holds €31.7bn of real estate, resigned this week, prompting speculation that the government will use €10bn to bail out the financial institution. But Spanish banks are also accused of over-valuing the property on their books. With property prices already thought to be lower than the official figures, how low can they go?

08, 2012 May:

Spanish property prices fall again in April

Spanish property prices fell again in April, according to TINSA. The firm's latest report saw that IMIE General Index of real estate values declined by 12.5 per cent last mont,h, marking a cumulative drop of 29.8 per cent from, the market peak at the end of 2007.

19, 2012 April:

"Full crisis" hits Spain as house prices plummet

Spain is back in "full crisis mode", according to one bank, as property prices continue to plummet.

IKEA assembles London village

IKEA has already entered the real estate market with its flatpack US homes, but now the company is assembling something much bigger: a town. Strand East, near London's Olympic Park, will house 6,000 people in an effort to provide affordable accommodation. But bargain-hunting Brits still have their sights set overseas, as research reveals 25% of buyers believe it is cheaper to own a property abroad than in the UK.

10, 2012 April:

Spanish house prices fall by 28.6pc

Spanish house prices have fallen by 28.6 per cent since 2007, according to a new TINSA report.

05, 2012 April:

Realistic asking prices for Spanish property draw in Scandinavian buyers

It seems that sellers of Spanish property are being a little more realistic when it comes to asking prices according to Spain's largest English language property portal, Kyero.com's Q1 2012 House Price Index.

26, 2012 March:

Murcia is Europe's 'best' property location

Another Spanish overseas property professional is predicting that home values and rental prices in the Murcia and Almeria regions of Spain will rise sharply.

14, 2012 March:

Spanish house prices return to 2004 levels

The General IMIE Index, an indicator created by Tinsa to analyse the evolution of house prices in the Spanish market, increased its year-on-year decline in February, falling by 9.5% to 1664 points, returning to the levels of 2004.

28, 2012 February:

House prices down by a third since credit crunch

House prices in the UK fell by 1 per cent in 2011 and by almost a third since 2007, according to the RICS European Housing Review 2012.

13, 2012 February:

Property in Murcia being sold at ‘pre- boom prices’

Property in Murcia is being sold at ‘pre boom prices’ according to one local agent.

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