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Old 08-07-2007, 10:35 AM   #1 (permalink)
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ToniW
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Join Date: Jun 2007
Location: Valencia
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Default idealista publishes quarterly report...

The Spanish property portal idealista.com publishes a quarterly report on the asking prices of property in the cities of Barcelona, Madrid and Valencia. Property asking price movements in Spain’s 3 largest cities are an important indicator of market sentiments, and a barometer for the overall market. According to Idealista’s figures, property prices in the last quarter rose by just 0.1% in Madrid, fell by 1.3% in Barcelona, and rose by 1.2% in Valencia, where prices still rising due to the America’s Cup, and the Formula 1 announcement. These figures are the worst on record from Idealista for Barcelona and Madrid, and provide further evidence of a substantial slowdown in the Spanish property market.
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