Assetz® News » HOME | RSS Feed FEED | LIST ALL ARTICLES | ASSETZ HOMEPAGE
Investment Property News from Assetz

Assetz® Property News Service

IMF expert warns over Spanish market


10th August 2011 | back to article listings BACK    print this article PRINT

The Spanish property market still faces big challenges despite the best intentions of the country's leaders to spark a resurgence, according to a market expert.

International Monetary Fund mission chief James Daniel claims the most likely turn of events for the near future will be further drops in the value of houses in Spain and other overseas property.

Mr Daniel believes the Government has been fairly forward-thinking in its battle against market turmoil, but even so, expects plenty of problems ahead.

A major hurdle will be the real estate sector, he said, with a considerable weight of unsold stock still on the market.

Despite admitting that "house prices probably also have further to fall", he did note a return to normality in housing sector employment claiming it to have re-hit its "historical average".

Copyright Press Association 2011


Assetz® is a UK and International Property Investment Specialist. Please visit our property sites shown below.

Assetz for Investors UK Assetz Hotels Assetz Homes Assetz International Assetz France Assetz Spain Assetz Cyprus Assetz Germany Assetz Portugal Assetz Ski Assetz Cape Verde Assetz Finance Assetz Fund Management

Accessing the news service

You can view all of the Assetz® UK, International and UK Property Investment Articles and News here.

We also provide an RSS Feed Feed of the news service, or you can view all articles. Click here to view more information on RSS readers and how they make reading online news more convenient.

eXTReMe Tracker
Cookies on our sites
The assetz.co.uk group of websites uses cookies, some of which may have been set already. Read about our cookie use. If you continue to use the site, we'll assume that you're happy to accept them. To dismiss this message please click the button.