Apartment prices in Ulaanbaatar are reported to have fallen in recent months.
Realtors indicate that a three-room apartment which previously cost $70,000 to $78,000, fell in September to $65,500.
Observers have blamed falling apartment prices on the inability to obtain bank loans combined with new apartment buildings offering more apartments onto the market.
Apartment prices in Ulaanbaatar are reported to have fallen in recent months. 
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