Martedì, 16 Ottobre 2018

Italian property market slumped 22.6% in 2012


Rome, June 13 - The property market in
recession-hit Italy slumped by over 20% in 2012, national
statistics agency Istat said Thursday.
Istat said 632,117 property sales took place last year,
down 22.6%.
It added that this figure was 43.2% down on 2006.
The agency said that the drop in real-estate deals was even
worse in the fourth quarter of last year, when 174,599
properties changed hands, 25.7% down on the same period in 2011.

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