World News Insights
1-3 Minute Gist

All Topics Article

Spanish House Prices Decline Again

Wall Street Journal Original article ›

Keywords:

LyrArc Article Gist
Housing prices declined for the 22nd consecutive quarter in Spain, declining by 0.5% in the 1st quarter of 2014 over the 4th quarter 2013, and 3.5% over the 1st quarter 2013, according to the Development Ministry. Inventory of unsold newly finished home is about 1 million, many with Spanish banks taken from bankrupt property developers. Prices in the open market are down 30.6% from the high in 1st quarter 2008, according to INE. Except for Greater Madrid and Balearic Islands with large number affluent Northern Europeans with slight price rises, house prices dropped in all regions.

Foreclosures and housing prices in Spain in 2013-2015

05/28/2014

A decline in housing prices in 2014. Foreclosures continue to remain a problem in 2014.

Grouped Articles

Spain Still Suffering Fallout From Housing Bust

Wall Street Journal 05/28/2014

Spanish House Prices Decline Again

Wall Street Journal 05/28/2014

Tumbling Interest Rates in Europe Leaves Some Banks Owing Money on Loans to Borrowers

Wall Street Journal 04/14/2015

Bad loans in Spain's banking system from the housing bubble

04/04/2009

Grouped Articles

The Spanish Reform Model

Wall Street Journal 09/28/2011

The Pain in Spain Falls Mainly on the Cajas

BusinessWeek 02/25/2010

Spain's Banks Boost Books by Refinancing Loans to Homeowners

Wall Street Journal 11/07/2013

The mess in La Mancha

Economist 04/04/2009

Spanish House Prices Decline Again

Wall Street Journal 05/28/2014

Spain Still Suffering Fallout From Housing Bust

Wall Street Journal 05/28/2014


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us