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After housing boom, glut may lead to bust in Spain (International Herald Tribune)

Oversupply is expected to lead to Spain’s first decline in home prices since 1992, which could spur higher delinquencies as buyers face difficulty refinancing.

More: continued here

This entry was posted on Wednesday, June 6th, 2007 at 4:06 pm and is filed under Spain Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.


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