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Low oil prices affecting St. John's luxury condo, commercial real estate market

2016-01-15 13:00:37| Real Estate - Topix.net

As oil prices continue to plummet, people involved with the St. John's condo and commercial real estate markets say they are beginning to feel the pinch. They say the pinch is mostly being felt on the high end, as planned condominiums transition to apartment complexes, and existing owners of luxury apartments find renters hard to come by.

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