I regularly check the local on-line agents & sites like fotocasa, idealista & segundamano.
I’m getting the feeling that asking prices are falling more quickly recently. Even week on week it looks like there is capitulation with more sellers. I wonder how sensitive this market is to events such as Spain’s credit rating, I always assumed that sellers were not following this stuff too closely, now I’m not so sure.
Of course my searches are a small sample.
Is there any empirical evidence to support this view?