Venerdì, 19 Ottobre 2018
ROME

Housing market crashes in March

English
© ANSA

Rome, May 17 - The Italian housing market crashed in
March in a fresh sign of the woes of an economy in its longest
recession on record.
The market fell 20.9% on an annual basis and 4.1% on March,
national statistics agency Istat said.
It fell 7.2% in the first quarter over the last quarter of
2012 and 12.1% on the first quarter of 2012.
Italian GDP has shrunk for seven straight quarters.

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