Price of houses in Spain
It looks as if the prices of houses in Spain are at last starting to come down. Yesterday the Housing Minister, Maria Antonia Trujillo, said that latest figures published suggest that trends in the Spanish property market were starting to change.
However, Trujillo declined to make any concrete prediction regarding a possible drop in house prices, or to comment on the possibility that Spain may soon be experiencing the same sort of downward trend in property prices as that experienced by the real estate market in Britain. She measured her words very carefully - "It is true that certain figures (related to the property market) indicate change".
------------from euroresidentes.com
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