PIE Events
- German Property Breakfast
14 February 2012
Stockholm
- Distressed Property Breakfast
22 February 2012
London
- Central and Eastern Europe Real Estate Conference
03-04 May 2012
Vienna, Austria
Spanish house price fall slows in third quarter, against expectations
Spanish house prices showed signs of stabilising in the third quarter after a record drop in 2Q09, though values are broadly expected to decline for some time yet. Prices in 3Q09 ended 7.8% below their levels 12 months earlier, after dipping 8.2% in 2Q09, the Housing Ministry said. In 3Q09 alone, prices fell 0.9%, as against a 1.9% drop in the second quarter. A Reuters poll of economists found prices are expected to fall on average by 32% from their 2007 peak