2013-06-14 — reuters.com
Spanish house prices fell at their fastest quarterly rate on record in the first quarter, data showed, suggesting a recovery from the property market crash that pushed many banks to the brink is as distant as ever.
Prices fell 6.6 percent from the final months of 2012, Thursday's National Statistics Institute figures showed, as banks remained reluctant to lend and consumer demand constrained by a deep recession. Year on year, prices fell 14.3 percent.
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