Euro zone’s poorest face rising home foreclosures

Author (Corporate)
Series Title
Series Details 25.8.11
Publication Date 25/08/2011
Content Type

EurActiv reports on a survey from the Royal Institute of Chartered Surveyors (Global Distressed Property Monitor), which shows that the property market in countries such as Ireland, Italy, Portugal and Spain is riddled with both a high number of foreclosures (repossessions) and brand new homes which can't attract buyers.
Source Link Link to Main Source http://www.euractiv.com/euro-finance/euro-zones-poorest-face-rising-home-foreclosures-news-507105
Related Links
El Mundo, 2.12.11: Spain losing the roof over its head (via PressEurop) http://www.presseurop.eu/en/content/article/1242441-spain-losing-roof-over-its-head
RICS UK: Newsroom: Economic commentary: Global Distressed Property Monitor http://www.rics.org/distressedpropertymonitor
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