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Construction affected badly

Housing demand has fallen by 19% this year in the Algarve compared with 2009.

According to data released by the Association of Construction and Public Works Companies (AECOPS), the Algarve registered 1,373 new construction works in the year to August.

Unemployment in the construction sector from January to September rose by 28%, representing 25% of total unemployment rate in the region.

The Algarve also has suffered a fall of 5.9% in the number of construction companies holding building licences.