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Portugal’s real estate market likely to be slow and prices fall in 2011

Posted on 10 December 2010

From Propertywire.com: Rising supply and falling demand in the Portuguese real estate market is a sign of increasing pessimism in the property sector, according to a new report.
The October RICS/Ci Portuguese Housing Market Survey shows an increasing number of estate agents and developers reporting falling rather than rising prices with the headline net balance dropping from –45 to –52……………………………………….Full Article: Source

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