It is a well known fact that sales of property in Spain are at historically low figures at the moment when compared with other years. However the figures themselves are skewed somewhat by the fact that they do not tend to distinguish between the diminished internal demand (due to lack of credit and the ongoing crisis meaning that Spain has effectively been in a crushing recession since 2007) and the soaring international demand for Spanish property that has now reached or even exceded 2007 levels in many areas due to the low prices, favourable exchange rate and the fact that many other countries are now exiting their own recessions.