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All reports tagged with: "downward pressure"

NPLs pushing down Cyprus property prices

Higher NPLs in particular appear to drag Cyprus property prices down indicating pressure to dispose of immovable property assets increasing their supply according to European Commission report..

Central Bank says property prospects are bleak

The future of the Island’s real estate market is bleak as prices continue to slump and there are no prospects of a recovery, according to figures released earlier today by the Island’s Central Bank.

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