Brussels

Italy housing prices slump 4.6% in last quarter of 2012

Spain plummets 12.8%, while eurozone drops 1.8%, eurostat says

Italy housing prices slump 4.6% in last quarter of 2012

Brussels, April 11 - Italian housing prices slumped 4.6% in the fourth quarter of 2012 compared with the year-earlier period, according to the latest data released by Eurostat. Housing prices in the eurozone dropped an average of 1.8%, while they fell 1.4% in the 27-member European Union. France suffered a 1.7% decline in the last three months of the year compared to the year-earlier period, while Spain's prices plummeted 12.8%.

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