Wednesday, October 19, 2011

TINSA July 2011

Some more optimistic commentators have been suggesting since the start of the house price crash, that the end is nigh. The end of the crash that is. These soothsayers of blue horizons perpetually churn out articles proclaiming they have second guessed the market and now is the time to buy.

The latest figures compiled by TINSA suggest nothing of the sort.

Download the July 2011 TINSA report.

The drop in property prices is, if anything, currently accelerating. That is to say that house prices in Spain are falling faster than previously and the general advice to potential buyers out there is to continue to wait.

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