Author (Person) | Watkins, Mary |
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Series Title | Financial Times |
Series Details | 19.4.12 |
Publication Date | 19/04/2012 |
Content Type | News |
Repossessed properties in Spain were selling for about half their original value and were likely to continue to fall in value, according to a new report from rating agency Fitch issued April 2012, underlining the parlous state of the real estate market in Europe’s fourth-largest economy. Spain’s housing bubble burst in 2008 and the collapse of the real estate sector has been a significant factor in the country’s serious and continuing economic problems. |
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Countries / Regions | Spain |