| 03.02.2012 - Slovak property prices drop for fifth quarter on economy |
| Slovak residential property prices dropped 1 percent in the last three months of 2011, the fifth quarterly decline, as government austerity measures hurt demand, the central bank said. The average price for residential property declined to 1,236 euros ($1,623) per square meter (10.8 square feet) from 1,248 euros in the third quarter, the Bratislava, Slovakia-based Narodna Banka Slovenska said . Prices fell 2.7 percent on the year...............................................Full Article: Source |