Average Spanish property prices rose by 0.4% over 12 months to the end of September, but fell by 1.3% in the third quarter, according to the latest figures from the Ministry of Housing. Taking into account consumer price inflation, which stood at 4.5% in September, the real cost of housing has fallen by 4.1% over the last 12 months. Newly built property prices rose by 1.7% over 12 months, but fell by 0.8% in the quarter. Resale or ‘second hand’ property, which the Ministry of Housing defines

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Spanish Property Prices Fall by 1.3% Q3 2008

Some 230 African migrants were taken to Spain’s Canary Islands after authorities rescued them at sea in the biggest-ever landing here of a single ship, officials said Tuesday. Coastguards spotted the wooden boat when it was about 50 nautical miles (92 kilometres) south of the Atlantic archipelago and took them to the port of Los Cristianos in Tenerife late Monday. It was the largest-ever migrant arrival from a single boat in the Canary Islands, a spokesman for the representative of the centra

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Record 230 African boat people land on Canary Islands