Spanish real estate prices continue to fall - According to the national Spanish statistics office, residential real estate prices in Spain fell by 13.7% in 2012, compared to 7.4% in 2011. This is the sharpest fall since the real estate bubble burst. Housing prices have therefore fallen by 30% since 2007. Several private bodies claim that the fall has been even sharper (35%). Last year's brutal correction is mainly due to the depreciation in real estate assets owned by the banking sector, the...