Average Spanish house prices still 24pc too high says think-tank

The problem with the OCE’s conclusions is they are only as good as the data they are based on. If they are based on official figures, which is likely, then they will be understating price declines in a big way.

Another problem is they deal in averages, which may be largely irrelevant if you are interested in a niche like prime property in a sought-after area that benefits from diversified international demand.

SPI Member Comments

Leave a Reply

Facebook Comments