Domenica, 21 Ottobre 2018
ROME

Property mortgages slump 37.4% in 2012, reports Istat

English
© ANSA

Rome, June 13 - Property mortgages in economically
troubled Italy slumped 37.4% in 2012 over the previous year, the
national statistical agency Istat revealed on Thursday.
Mortgages were down 30.6% in the fourth quarter compared to
the same period in 2011.
Mortgages have more than halved since the period prior to
the global financial crisis.
Mortgages in 2012 were down 54.7% compared to 2006.

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