Domenica, 21 Ottobre 2018

Italy housing market slumps, sales drop 23%, mortgages 39%


Rome, April 15 - The big impact the recession is
having on Italy's housing market was shown on Monday when Istat
said property sales in the third quarter of last year were down
by over 23%.
It said 134,984 property sales were closed at notaries
between July and September last year, 23.1% down on the same
three months in the previous year.
The national statistics agency added that the number of
mortgages granted in the first nine months of 2012 was 39.5%
lower than in the same period of 2011.

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