The Latest Spanish Property News from Kyero.com

July 3rd, 2009

According to the Q2 2009 Spanish House Price Index from Kyero.com, the average asking price of a Spanish property has decreased by 2% from Q1.

Continue reading: Kyero.com Q2 2009 Spanish House Price Index

July 3rd, 2009

Euro-zone inflation slipped into negative territory in June, highlighting the challenge European Central Bank policy makers face in balancing a mandate to contain price declines with their desire to hold off on more measures to ease the recession.

Continue reading: Eurozone Inflation Declines 1% June 2009

July 2nd, 2009

According to the latest analysis from Kyero.com, foreign buyers are increasingly looking for bargain properties and are focusing their property searches in Spain's best-known provinces.

Continue reading: Buyers Gravitate to Bargain Spanish Property

July 2nd, 2009

Spain's current account deficit, the world's second-largest before the global economic crisis hit, tumbled by almost two-thirds in April as deep recession destroyed demand for foreign goods.

Continue reading: Spain: Reduced Demand for Imports

July 1st, 2009

Spanish house prices drop 7.6% in Q1 vs 5.4% in Q4 - First ever recorded fall in new house prices in Spain - Spanish slowdown behind Ireland, UK, recovery seen 2012 - Analysts see double-digit Spanish price falls this year

Continue reading: Spanish House Prices Drop 7.6% Q1 2009

June 30th, 2009

Sterling wobbles after hitting seven-month trade-weighted high. Bundesbank's Weber sees no room for further euro rate cuts.

Continue reading: Euro Weekly Update: June 30th 2009

June 30th, 2009

This week, the Spanish government approved almost €100B in funding to prop up their banking system - should it be necessary.

Continue reading: Spanish Property News Roundup

June 30th, 2009

Spain's government approved the creation of the Fund for Ordered Bank Restructuring (FROB) to ward off possible systemic risk.

Continue reading: Spain: Fund for Ordered Bank Restructuring

June 29th, 2009

A €99 billion bailout fund for healthy as well as struggling Spanish financial institutions is to be approved by the Spanish Cabinet at one of its regular meetings.

Continue reading: Spanish Banks Gain €99B Support

June 26th, 2009

House prices will stabilise in the last quarter of this year as the low number of homes for sale more than compensates for the fact that houses still aren't affordable, forecasts Standard & Poor's.

Continue reading: S&P: House Price Forecasts

Is any property below €50,000 a cheap Spanish property? Are cheap Spanish properties only to be found at auction or as bank repossessions? How much below market value does a Spanish property need to be to be considered cheap?

Continue reading: What IS cheap Spanish property?