Spanish house prices 2015 see rise highest rise 2007 crash , stabilisation of housing market, idealista.com
The ongoing uncertainty about Spain’s political future is doing additional damage to the Spanish stock market, which is already under the same kind of duress as other European bourses because of concerns about a global slowdown. With inconclusive elections held on December 20th and no functioning executive in sight yet, “the uncertainty surrounding the formation of a government” is the greatest risk to the Spanish economy, according to the European Commission. Investors fear a new global slowdown caused by the Great Recession, whose effects are now focused on the emerging nations Though analysts and economists agree that global problems are weighing more heavily than domestic ones on the Spanish markets. Still, the blue-chip Ibex 35 ended 2015 with the worst performance in Europe, losing 7.1% of its value. And so far in 2016, it has yielded nearly 15%, although other exchanges in the continent have not fared much better. On a brighter side ,Spanish housing sales rose 11.1 percent ...