Colombia’s property market remains buoyant
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After seven years of unbroken house price rises, Colombia’s property market remained buoyant during the first half of 2013.
During the year to end-Q2 2013, the house price index for the three major Colombian cities soared by 11.77% (9.51% inflation-adjusted), according to the Banco de la Republica Colombia. In Q2 2013, house prices rose by 2.68% (1.85% inflation-adjusted) from the previous quarter.
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