Friday, January 18, 2008

Half of Spain’s real estate agencies folded due to building slowdown

Half of Spain's real estate agencies folded due to building slowdown

Half of Spain's real estate agencies have folded in the past year due to a slowdown in the once-booming building sector, an industry association says. Of 80,000 that operated at the beginning of 2007, only around 40,000 have survived and some 100,000 employees lost their jobs, according to the Superior Council of Real Estate Agents, a nationwide grouping.

Posted by saving for a space ship @ 04:50 AM (466 views)
Please complete the required fields.



2 thoughts on “Half of Spain’s real estate agencies folded due to building slowdown

  • it_is_going_with_a_bang says:

    “Superior Council of Real Estate Agents”

    Enough said. LOL.
    Same here soon.
    Regardless of prices dropping quickly or not – it’s volume of Sales that is the biggest issue. They cannot avoid that here either.

    Reply
    Please complete the required fields.



  • A hundred thousand estate agents unemployed? Ouch, that’s gotta impact on Mini sales figures. And unemployment figures of course.

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>