Daily Archives: June 14, 2012

House Prices Fall 30% from 2007 High

We are currently witnessing the sharpest fall in Spanish house prices on record. According to the property prices index of leading Spanish company TINSA, house prices fell by 11.1% in 2012 May compared with 2011 May 2011, one point less than their April fall of 12.5%.   Now that the data for May is in, it’s clear that the fall in house prices since their 2007 high has increased by four te