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Price falls are racking up more pain for Portugal

Posted on 09 June 2011

Portuguese property prices fell again in April as low levels of confidence and activity in the market continues to weaken demand.
Figures compiled by the Royal Institution of Chartered Surveyors and Confidencial Imobiliário show that the national activity index fell six points to -32, while the national confidence index declined by two points to -53. Property prices fell across the country, although Lisbon was the least affected………………………………………..Full Article: Source


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