23.04.2013 - Macau: High prices strangling second-hand market: Realtor
The second-hand real estate market is being negatively impacted by a mismatch between the prices asked by sellers and bank valuations, Centaline (Macau) Property Agency Ltd writes in its latest market review. The realtor’s March review says bank valuations of second-hand homes are far from the prices asked by sellers, adding to the buyers’ down payment costs, our sister publication Business Daily reports...............................................Full Article: Source
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