Spanish property transaction for February 2016
- Prior -2.9%
- 7.3% m/m
A hefty jump but looking at the chart it looks like it's a seasonal thing. The biggest take is that there's not been big drops in form since early 2014 and that indicates stability in the Spanish property market.
Spanish house transactions y/y
The euro is doing a bit of flip flopping. EURGBP has now dropped to 0.8072 from 0.8090 and EURUSD is now down at 1.1350 while cable has gone back up to 1.4070.
