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BBVA Research analysts have revised their forecasts, now expecting housing prices in Spain to surge by 12% by the end of the year. The bank’s latest report highlights that the country’s economy is showing remarkable resilience despite the Middle East crisis and the rise of the Euribor rate to 2.8%.
Europe has recorded a new geographic paradox: four out of the five most expensive housing markets on the continent are concentrated within the tiny territories of Switzerland and Luxembourg.
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