| 09.11.2011 - Property sales in Cyprus down 21pct in October |
| Liquidity problems, record levels of unemployment and the huge uncertainty in the market continue to send the Cyprus property market into a tail-spin. With the exception of the suspension/reduction in Property Transfer Fees approved by parliament, there are still no signs of a recovery. Sales fell for the 16th consecutive month in October, according to Department of Land and Survey figures published...............................................Full Article: Source |