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Moscow real estate market slows as buyers and sellers eye outlook

Posted on 11 October 2011

Recent months have seen a slowdown of the Moscow real estate sector, with volumes down, but average prices up in August, but remaining unchanged in September.
­According to the Federal State Statistics Service, the number of direct sales and mortgage related sales fell from 8592 in August to September 8080. Analysts say a key factor is the State Duma approving the third reading of new laws allowing early repayment of loans without consent of the lender and additional fines, through amendments to Article 809 and 810 of the Civil Code……………………………………….Full Article: Source


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