Category Archives: Spain

Home sales plummet in Spain

Home sales in Spain fell 27 percent in January compared to a year ago, the government reported Wednesday, releasing more bad news from the country’s once-booming real estate sector. »

Spain sees 14 percent drop in property sales in 2007

Rising interest rates and the international credit crisis have hit Spain’s loan-fueled housing market. »

Spain bank slashes property lending as crisis looms

One of Spain’s biggest private savings banks has slashed lending to property developers which are caught in a looming housing crisis and barely able to sell land or property, its head of property lending told Reuters on Tuesday. »