Banks say that house prices are expected to adjust in first half of 2010

In banks opinion, the house prices will further adjust in the period to come, 50 percent of them appreciating that this trend will continue in the first half of 2010, said on Wednesday Bogdan Chiriacescu, expert with Romania's National Bank, Financial Stability Division, in a seminar on the economy evolution.'Demand for mortgage loans ceased its decline in the second half of 2009. The banks expects that the house prices will continue to adjust in the period to come. As many as 50 ...

Developed by Codecraftsman