Why it matters
The reported slowdown and record prices affect buyers, sellers and mortgage borrowers in Spain. The article identifies no direct U.S. consequence.
HOUSING & REAL ESTATE • SPAIN
Foreign buyers account for a record 16% of Spanish home sales
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BLUF
Foreign buyers made up 16.05% of Spanish home purchases, a record share, as property prices also reached records. Sales and mortgage activity declined for a third consecutive quarter, according to Euronews.
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