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Greek apartment prices fall 4.5 pct y/y in Q2- cenbank

Posted on 25 August 2011

Greek residential apartment prices fell 4.5 percent year-on-year in the second quarter of 2011, driven lower by an economy deep in recession, the central bank said on Wednesday.
Downward price pressures continued after a 5.2 percent drop in the real estate price index in the first three months of the year. For the whole of 2010, apartment prices fell 4.7 percent following a 3.7 drop in 2009……………………………………….Full Article: Source


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