Mediterranean Coast

The adviser Real estate Appraisals assures that from the maximums of 2007 the accumulated slope is of 22.3%. In the section Mediterranean Coast she is where she falls more, a 9.5% in July and a 29.5% from 2007. The average price of the house fell a 6.4% in July with respect to the same month of 2010. From the maximum reached in 2007, the accumulated adjustment is of 22.3%, according to the company of valuation, analysis and advising Real estate Appraisals. The real estate market the past continues with his seventh month of consecutive reduction, being June when backward movement, a 6.6%, was more intense.

The price maintains its reduction in the five classifications in which the Index of Spanish Real estate Markets (IMIE) divides the market. The call Mediterranean Coast is in which the adjustment is stronger, a 9.5%. Later Capitals and Great Cities are placed, in which the average price lowered a 7.5% in July with respect to the same month of 2010, and in Metropolitan Areas, where the reduction was of 6.1%. In Rest of Municipalities, the floors they lowered the price of one mediates inter-annual of 5.4% during the seventh month of the year, and a 2.5% in the Balearics and the Canary Islands. Slopes from 2007 After this correction of July, the accumulated fall of the house from the maximums reached in 2007, before it exploded the crisis and ' boom' real estate, it reaches a maximum of 29.5% after the zone of the Mediterranean Coast. In the capitals and great cities, the accumulated reduction of the price is placed in 24.6%, and 23.2% in the case of the metropolitan areas. In the rest of municipalities the accumulated fall of the price of the house is placed in 20%, whereas in the Balearics and the Canary Islands it is considered in 17.7%. Source of the news: The average price of the house fell a 6.4% in the month of July

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