Spain property market´s strong recovery

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THE property market in Spain is recovering, government data suggests. With 491,000, the sale of properties in Spain saw a 5.9 per cent year-on-year increase in 2010, latest government figures show. These figures from the Public Works Ministry finally break the downward trend that has been experienced in the past three years.
In the fourth quarter of 2010 year-on-year sales increased by 14.2 per cent, almost matching mid 2008 figures, the last time these were on the rise.
Sales to foreign residents last year increase by 20.8 per cent in 2010 against 2009.

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