Friday, July 25, 2014

More home-owner heartache

THE price of homes fell 5.9% in the Canaries in the second quarter of 2014, against the same period last year. It also means that prices have decreased an alarming 39.2% compared with the last quarter of 2007.

By provinces, Santa Cruz de Tenerife saw prices down 5.4%, and Las Palmas 6.8%.

In Spain, the prices recorded a decrease of 3.9% in the second quarter of the year, against a fall of 6.7% in the first quarter and 8.3% in the whole of 2013.

More home-owner heartache

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