Malta's property prices falling
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Property prices in Malta are falling, after a short-lived surge in the first half of 2010. Malta’s overall house price index dropped by 2.61% over the year to Q1 2011, according to the Central Bank of Malta. When adjusted for inflation, house prices actually fell 5.04% over the same period.
The start of 2011 has been rough for some property owners in Malta:
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