Towards a reversal of the real estate market
Real estate prices down in EuropeCategory: Real estate newsChapter: European news![]() Great BritainFor several months now, average housing prices have been declining in Great Britain. Banks are hardening loan terms and potential buyers are finding it gradually more difficult to buy property. IrelandSame scenario in Ireland. The European country that recorded the strongest growth (+235%) is now experiencing a major downturn (7% in 2007). SpainAfter years of euphoria with strong growth (+173%), Spain has, for the 1st time in 10 years, recorded a drop in real estate transactions. A hard blow for this country with an economy that depends highly on the building sector.
Updated on:
10/06/2008
And on the same subject:
The real estate market in GB 2008-2012 L'immobilier 100% entre Particuliers. All rights reserved
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