House prices continue 18-month decline

House prices fell 0.4% in August, continuing an 18 month decline, the national statistics office CBS said on Tuesday.


Month on month the fall in the average price of a house was 2%, although detached homes were more expensive.
Some 10,000 apartments and houses changed hands in August, up 9% on August 2009. Again, detached houses were most in demand.
The CBS did not give a breakdown of actual house prices.

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