27.06.2011 - Italian property prices hold despite drop in sales
Slow and steady. Thatís the snapshot of the Italian property market in 2009, according to the Agenzia del Territorio, Italyís equivalent of the Land Registry. The Agenzia has just published its annual report on the Italian market, which analyses data from 2009. Some 1.347m transactions took place in the country last year - a markedly lower number than at during the property boom. Concerns over equity and a gap in buyers and sellersí price expectations both conspired to depress sale volumes, which were down 11.3% over the previous year. In 2008, the annual drop had been of 13.7% over 2007...............................................Full Article: Source
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