Tag Archives: Overvalued properties

Bank of Spain warns of an housing bubble, with property values up to 8,5% overvalued

Bank of Spain warns of a housing bubble with properties overvalued by up to 8.5%

Bank of Spain warns that property prices are inflated by an overvaluation. A lack of available housing coupled with rising household incomes has led to an overpricing rate between 1.1% and 8% as a national standard. The Financial Stability Report of the entity does not provide regional breakdowns, but it suggests that Madrid and Barcelona have some of their biggest …

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