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Unsold property numbers fall by just 7'000 in 2011

Source: Cinco Dias - Fri 18th May 2012

The Director General of Architecture and Housing for the Ministry of Development, Pilar Martinez, revealed yesterday that the glut of unsold homes in Spain fell by a disappointing amount last year.

Statistical data revealed how the number of unsold properties fell by just 7'000 throughout 2011, with figures falling from 687'523 in December 2010 to slightly over 680'00 in December 2011.