During the second quarter of 2009, 112,886 properties were purchased in Spain, which represents an INCREASE of 7.8% with respect to the previous first quarter of the year, according to data released by the Ministerio de Vivienda last week. Of course, being positive news, it has largely gone unnoticed, or commentators have decided to focus on the fact that sales are still down compared to the second quarter of 2008.
My feeling it is about time that everybody started feeling a bit more positive about our business. Even the Spanish President, Zapatero knows that Spain will not recover without the real-estate market pushing ahead so we may some "breaks" in the near future.
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