Building permits in Spain dropped 14 % in 2011

The number of residential building permits issued in Spain has dropped by 14% year-over-year to 109,879 (2010: 127,549) last year, according to INE, the Spanish statistical office. 78,286 (91,662) permits were accounted for by new buildings, 15% less than the year before. The number of permits for single-family homes ...

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