From Cyprus-property-buyers.com: As the world’s largest economies settle into a global recession, the Cyprus property market sends out mixed messages on how it’s confronting the crisis, with analysts divided on whether house prices are actually going up or down.
One real estate consultant argues the international financial crisis has hit the foreign buyers’ property market hard, pushing prices down by up to 20 per cent, while a home price index released yesterday revealed that house prices were still climbing last month, though at a slower pace..... Full Article: Source
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