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Archive for June, 2009

Lower prices tempting people back into buying.. well not everywhere

June 6th, 2009

The economist illustrate how the steady decline in house prices in countries around the world has encouraged some people back into the market very recently. Ireland, however, is one of the few exceptions to this trend. The economist sights Ireland and Spain as having “big supply gluts” which are likely to push down prices for a long time.

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