Real estate investments keep souring for Spanish banks
“Potentially problematic” investments in real estate rose to 181 billion Euros in June reveals the Bank of Spain.
Mixed signals from the Spanish property market
Anyone keeping an eye on the Spanish property market could be forgiven for feeling a little confused right now. On the one hand official figures show prices falling, though not by as much as you might expect given Spain’s economic problems. On the other hand, annualised sales surged by almost 30pc in August, after 8 [...]
Spanish home repossessions reach record level, putting pressure on the market
A new report from Moody’s Investor Service shines light on the record rise in home repossessions in Spain.
Spanish construction output falls 35pc in August
The Spanish construction sector was 34.7% smaller in August than 12 months earlier, according to the latest data from Eurostat.
Negative equity hits 8pc in Spain, potentially much more
8% of Spanish mortgage borrowers are in negative equity, claims a recent report from ratings agency S&P.
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