Tag Archives: Spain

Economic Research: Spain’s Housing Market May Need Four More Years To Rebalance

House prices in Spain are a key variable in the performance of the country’s economy. The housing boom built up unsustainable imbalances, such as an oversupply of dwellings, which will need to fully correct before a sustainable recovery takes place. The unwinding has begun: House prices have dropped 22% in nominal terms between first-quarter 2008 […]

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