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Spanish house sales drop 8.2 pct m/m in August
15 October 2009 @ 13:12

MADRID, Oct 13 (Reuters) - The number of houses sold in Spain fell 8.2 percent in August from a month earlier, the first decline after rising for three months in a row on a monthly basis, official data showed on Tuesday.
Sales were down 9.9 percent in August from a year earlier, the 20th consecutive month of shrinking sales, the National Statistics Institute said.

The fall in August sales to 34,019 homes compared with a year-on-year decline of 20.3 percent in July, and a record 47.6 percent drop in April.

Source: Yahoo Finance



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