Tue 28 Apr 2009
Dubai home prices drop 41 pct in 1Q
Posted by Dill under construction
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Home prices in the once red-hot Middle East boomtown of Dubai plunged 41 percent in the first three months of 2009 as the global economic slowdown raised concerns about job security and dried up financing, according to figures released Tuesday that suggest nearly two years of gains have evaporated.
http://www.forbes.com/feeds/ap/2009/04/28/ap6348187.html




