Spanish property price inflation slows.

The latest figures from the Spanish Ministry of Housing reveal that average property prices in Spain rose by 1.6% in Q3, taking the average price of property up to €1,781.50 per square meter, up 13.4% during the same period in 2004.

Average property prices have now risen for 27 consecutive quarters, however the 1.6% quarterly increase (during Q3) was the lowest quarterly increase in almost three years, suggesting that the Spanish property market is cooling.

Good prospects for Germany's property market

Germany's property market may have been languishing for several years but prospects may now be changing, according to DTZ.

DTZ Research director (international investments) Timo Tschlammer says: "Over the next two years, we expect to see a new round of secondary buy-outs presenting opportunities for real-estate-hungry investors to cherry pick among assets left in the wake of the current raft of private equity deals."

He believes a turnaround depends on the ability of the new German government to implement the structural reforms necessary to boost occupier demand.