Spain’s Real-Estate Market Explodes With Euro’s Help
July 19th, 2007 by Ines
The Spanish real-estate market is a lot like Madrid in the summertime: getting hotter by the minute and threatening to explode. While most experts are still reluctant to compare the current market with Spain’s famous late-1980s boom, sale prices for office space in the capital have risen 35% over the past 12 months, while prices for new homes have risen 10% nationwide over the last year. Meanwhile, inflation is running at a mere 2% annualized rate.To read the whole text, click here.
- Posted in Spain, Europe real estate