[Anonymous]

Published yesterday:

http://www.tinsa.es/n-pages/np-files/1/down/IMIE/2012/11_Ficha_Imie_Noviembre_2012.pdf

General -12.3% (Oct -9.0%)
Costas -15.2% (Oct -13.6%)

Peak (Dec 2007) to present

General -33.7%
Costas -41.0%

Prices are now back to levels last seen in 2003 and are still falling steeply. The indexes started in Jan 2001 at 1000. In the case of the Costas it peaked in Dec 2007 at just under 2500 and is now just over 1500. What is the betting it falls back to the 1000 level?

[Author]

Posts