Luxury Home Prices in Moscow fell 60 percent in 2009

January 20, 2010 by admin  
Filed under Luxury Houses For Sale

The latest report by the Kalinka-Realty Consulting Agency in Moscow states that some segments of the luxury real estate market in Moscow fell in price by as much as 60 percent in 2009, with properties that were previously priced at $5 million plus being available at less than $2.5 million.

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