Daily Archives: September 19, 2011

Property prices keep dropping… where is the end of the tunnel?

According to the spanish property prices’ index of the leading company TINSA, property prices dropped in August 2011 by 6.8% compared with August 2010. The conclusion of TINSA is that the average drop since 2007 is 23.5%. TINSA states in its report that the average drop in property prices in the big cities is 25.6% since the price-peak of 2007 whereas, on the Mediterranean coast, the fall