The president of the Institute of Real Estate Agents, Natalia Bueno, believes that house prices in the Balearics are reaching a ceiling. This is her explanation for a drop in property sales in July. There was a 21.9% decrease compared with July 2018, the biggest fall in the country. Nationwide, there was a 3.8% rise to 47,890 transactions, the most since May 2008, while in the Balearics there were 1,261.
Property
Property sales fall as prices reach their peak
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