House prices 'stable' in third quarter but sales drop

Number of mortgages also falls, Bank of Italy survey says

(ANSA) - Rome, November 11 - House prices in recession-hit Italy remained 'stable' in the July-September period with respect to the previous quarter, according to a Bank of Italy survey published Tuesday.
    However the number of property agents registering at least one sale fell to 64.4% from 68.1% in the third quarter of 2014, the Bank of Italy said.
    Likewise the number of property purchases financed through a mortgage also fell from 62.9% to 59.9% over the same period, reflecting the difficulty faced by many Italians in obtaining credit.


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