14.09.2011 - Romanian housing catastrophe continues

After two years of severe house price declines, Romania’s housing market is still in deep trouble. There are no official house price figures, but local property experts agree - house prices have have continued to plunge in 2010 and in the first half of 2011. Average house price in Romania fell by about 10% in 2010, according to the evaluation firm Darian, whose survey included 27 Romanian cities..............................................Full Article: Source

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