Re: Re: Spanish industrial production falls 6.5%

#91585

DBMarcos99
Participant

I’m not Ubeda but I posted a thread pointing out that house sales are up compared to last year.

So for instance last year, in March 25,464 homes were sold, 25,405 in June, and 25,261 were sold in October, so far this year there have been house sales in the quantity of 39,670 in January and 35,486 in February. It won’t be enough to get rid of the over-supply (they’ll have to progress their social housing plan to do that) but it does confirm sales are up compared to last year. Yes, it’s being claimed that a lot of sales are December contracts being finalised, but that just proves there are sales!

It’ll be interesting to see if the March and April figures fall back to the typical 25k of last year?

http://www.huffingtonpost.es/2013/04/11/la-compraventa-de-viviend_n_3058476.html