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Romania leads in home acquisition intentions

Joi, 18 octombrie 2007, 0:00

A study conducted by Uncredit Group reveals that 11% of Romanians intend to buy a home during the following three years, well above the 6% average in the Central and Eastern Europe states.
Although the number of owned home in the South-Eastern states is higher than in the Central Europe, and financial possibilities are quite far lower, some 15% of the populace here intends to purchase a home during the following 10 years.

The fast increase of income, the easy access to credits and superior economic growth rates are the main causes generating a 24% annual growth rate for real estate credits, the analysts say.

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