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Spain‘s housing market to recover in 2013 at earliest

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Published in issue 51/2011
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The Spanish building-research institute Itec, Barcelona, estimates that the Spanish housing market will not recover until 2013 at the earliest. Itec forecasts growth in building activity in 2013 of 2.5% vis-à-vis that in 2012. Subsequent years will also probably only see roughly 100,000 completions of new residential ...

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