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Prices of new apartments dropping in Bucharest

Prices of new apartments in Bucharest have dropped since the beginning of the year, recording the biggest decline compared with the first nine months of 2011. According to an analysis made by imobiliare.ro since the beginning of the year when sellers asked for 1,377 euro on the average, new apartments recorded a drop of 6.3% compared to 2011. Prices are however 23% higher than those of old ...

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