Daily Archives: June 11, 2012

The fall in Spanish property prices is picking up speed

  The drop in house prices in Spain will tend to pick up speed, the joint estate appraiser, Euroval, reports. (the statement had been released before the Spanish bailout was announced two days ago).   The study said that Spanish banks are managing their portfolios ‘more actively’ and that they have begun to sell adjudicated housing and mortgage loans.  This is expected to have an