31.07.2009 - Slovenia real estate: Italy's neighbor experiences housing decline
From Nuwireinvestor.com: House price increases in Slovenia began to slow in 2007, and started to decrease in 2008. In the first quarter of 2009, the price of second-hand dwelling houses declined by 7% (-8.7% in real terms) from a year earlier, according to the Statistical Office of the Republic of Slovenia (SORS) - the biggest annual price fall since the series was established in 2003. From 2004-2007, house prices increased at an average rate of 13%..........Full Article: Source