Sabato, 20 Ottobre 2018

Italian house prices down again in fourth quarter of 2012


(see related story on consumer spending)
Rome, April 4 - House and apartment prices in
recession-hit Italy fell for the fifth consecutive quarter in
the last three months of 2012, when they dropped 1.5% with
respect to the July-September period, Istat said Thursday.
The national statistics agency added that house prices were
4.6% lower between October and December last year than they were
in the same period of 2011.
Istat said that, on average, the price of a house sold last
year was 2.7% lower than in 2011.
It said the average price of "existing houses" was 4.7%
down, but the price for newly built homes that have never been
lived in was up by 2.1%.

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