Strong house price growth continues in Colombia
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Colombia's house and apartment prices surged by 12.46% in 2014 (8.60% inflation-adjusted), based on figures from the Banco de la Republica Colombia (Banrep). This was the ninth year of house price increases. House prices rose by 16.85% (12.86% in real terms), while apartment prices rose by 8.63% (4.92% in real terms).
Colombia’s property market has seen spectacular house price rises over the past nine years:
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