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EU: house prices -1,4%, in Italy -4,6%

The data collected by Eurostat refer to the fourth quarter of 2012: for the Eurozone the drop in prices, on an annual basis, was 1,8%, against .14% for the entire EU – Italy above the average with 4,6% over the year, but the sharpest drop is in Spain, -12,8%.

EU: house prices -1,4%, in Italy -4,6%

The fall in house prices continues in Europe: in the fourth quarter of 2012 in the EU there was a drop of 1,4% on an annual basis, while in the Eurozone the drop was 1,8%. Compared to the third quarter of 2012, the decreases were respectively 0,7% and 0,5%. This was communicated by Eurostat.

Above average the decline in Italy, where there was a decrease of 4,6% on an annual basis and of 1,6% compared to the third quarter of 2012. The heaviest decline, however, is that recorded in Spain, -12,8% compared to the same period of the previous year.

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