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Housing sector shows improvement

Feb 25, 2010
From wire reports

RIGA - If Latvia’s economic situation does not worsen, the low point for the housing market can be said to already have passed, claimed real estate companies and bank representatives in a discussion organized by the business portal Nozare.lv. Real estate brokerage Latio’s market analyst Maris Grinbergs believes that the low point for residential housing prices was last year. “Compared with the commercial sector, the residential sector collapsed first. Developments in th ...

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