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Real Estate Price Forecast (US) First Ever Decline, Spanish Property Market in dramatic decline.

Posted by Adrian on May 9, 2007

The price drop in the US housing market is in full decline now, as the National Association of Realtors marks the first drop in the market since they started recording house price forecasts back in 1968.

Article found here, from CNNmoney .

Spanish Housing market now in ‘meltdown’ which of recently has effected their stock markets. Europe, like America and Asia has contributed to the global ‘housing bubble’. Too what extent the property meltdown in countries like Spain will have on greater Europe will be interesting to watch; as companies, individuals will be shifting investments away from housing to other investment opportunity’s.

Article found here, from barcelonareporter.com

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One Response to “Real Estate Price Forecast (US) First Ever Decline, Spanish Property Market in dramatic decline.”

  1. […] 13, 2007 I have discussed the problematic Spanish property market on morbius glass (briefly) in Real estate Price Forecast (US) First Ever Decline, Spanish Property Market in dramatic decline article, although the link to the Barcelona Reporter may not be working. The sharp decline in […]

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