Spanish banks will have to put a “huge quantity” of repossessed homes on the market over the next few months, said Juan Iranzo, Managing Director of the Institute of Economic Studies (IEE), during the presentation of a new book on the Spanish economy and housing market, sponsored by the savings bank Bancaja. According to Iranzo, [...]
Posts under ‘Repossession’
Nationwide: House prices edge up further in November
• House prices rose by 0.5% in November, the same rate as in October • Year-on-year house price inflation increased from 2.0% to 2.7% • Labour market has so far held up better than expected Commenting on the figures Martin Gahbauer, Nationwide’s Chief Economist, said: “The monthly rate of house price inflation was unchanged in [...]
