Monthly Archives: April 2011

Sales increase goes along with property price fall

By David Landford (property writer) According to the Spanish National Institute of Statistics, property transactions in February 2011 were 10.5% higher than February 2010. The number of transactions in February was 45,607 (50.2% second hand properties plus 49.2% brand new properties). It means than property transactions has increased two months in a row (January and February). This incr

All the financial problems put pressure on prices

In the course of the last two weeks, the national and international economic climate has put additional pressure on the reliability of the Spanish economy and on the need to drop property prices at a faster pace. These are the main points that we want to highlight: The European Central Bank increased the interest rate to 1.25%. The Euribor index is already above the 2% barrier and some experts