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"The Outlook Is Darker than Before"
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1 Articles
The real estate market has cooled in recent months and apartments are selling below advertised prices. The Confederation of Icelandic Industries predicts a decline in apartment construction next year. This is in line with a new report by the Housing and Civil Engineering Institute. It states that activity in the real estate market was considerable last year, when every thirteenth apartment in the country was bought and sold. In recent months, th…
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