International consultancy Jones Lang LaSalle predicts that housing prices in Bulgaria's capital Sofia and Bucharest, Romania fall 12% to 20% over 2009 , respectively.
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According to the agency , real estate markets of both cities is declining , due to the outflow of investors, difficulties in obtaining bank loans and a waiting position players , the agency Novinite. In another study, the agency says that in markets such as Irish, Spanish and British , where for the last fifteen years have seen largest decline in prices, now there is an increase of activity due to different opportunities that are available to investors. In London , for example, requested house prices rising a fourth consecutive month , reports Internet portal Rightmove. In May, these prices have risen by 2 , and 4% relative to April.
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