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Most European residential property markets in 'deep crisis'

Most European residential property markets in 'deep crisis' (News (General))

by administrator @, Wednesday, July 08, 2009, 19:21

Demand for property construction is falling in all Western European countries, while the sector in Eastern Europe has space for considerable growth, according to a new report.

There will be a strong downturn in the rest of 2009 until the middle of 2010 and a slight improvement is not expected until 2011 in many countries, says the report from EuroConstruct,

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