Re: Re: Press articles about the Spanish property situation

#85275

Anonymous
Participant

” I can’t see any return to pre-crisis levels of sales anytime soon but even a modest increase in annual sales volume coupled with the fact that there are currently very few new developments and extremely few planning approvals could cause a tip in the balance for the market and clear the backlog more quickly than expected “

The problem is that a modest increase in volume or in price will not bring confidence due to inaccurate recording/reporting of statistics in Spain. Market sensativty gets lots in mas o minus or pasa nada.