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Spanish property market shows signs of recovery

Increase in sales indicates that values may be starting to stabilise
Tuesday, May 27, 2014 - 06:00

In the zone: As buyers re-emerge in certain parts of the country, prices, which have dropped an average of 47 per cent since the peak in 2007, are starting to increase in cities. - PHOTO: REUTERS

[MADRID] Within the ashes left by Spain's property crash, some embers are glowing. As the recovery in the euro region's fourth-largest economy continues and record unemployment subsides, the property market whose slump had locked the country into a recession is showing signs of life. While home

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