The housing price declines

The price of housing in Spain decreases. This moderation reflected both new housing and the second hand.

The price has fallen 2.1 per cent and that of the second 1.6%, this if you look at the annual evolution of the prices, in relation to 2010, the decline has been 0.1 per cent. by autonomous communities, there are two in which housing is more expensive in the last period of 2010 than in the same from a year earlier, both in Extremadura and in the community of Madrid, the price increased 1.7%the rest occurred in decreases the tonic was the restraint of the same.

All this decline this generated by the lack of sales of homes that were soon sold very quickly and at high prices speculating in this way in the market and the current reality in which prices are adjusting it as more possible in order to make more sales, since these have dropped considerably by effects of the economic crisis and the housing bubble.

The Spanish economy has been greatly benefited by the real estate sector which gave work to millions of people are now unemployed because of the decline in home sales, and this in turn, has affected the national economyleaving a picture bleak we expect in the next few years he restored with greater reliability for the population, since the employment system should apply new reforms for their better development and sustainability.

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