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Real Estate Briefing - Categorized | Finance, Market Moves more

Danish property market may see correction amid 25pct overvaluation

Posted on 19 September 2011

Denmark’s property market may be facing another correction after a housing boom that turned to bust at the height of the financial crisis failed to push prices low enough to entice buyers.

The Nordic country’s housing market may still be as much as 25 percent overvalued, according to Jes Asmussen, chief economist in Copenhagen at Svenska Handelsbanken AB……………………………………….Full Article: Source


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