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Italy property market on the UP !

Nov. 26 (Bloomberg) -- As home prices in Italy fall for the seventh year, buyers have stopped waiting for the bottom and are returning to snap up some very attractive investments.

 

Sales of existing homes will increase 3.7 percent this year, marking the first gain since 2006, researcher Nomisma Institute said in a report in November. Purchases in Rome, Florence, Genoa and Bologna rose more than 10 percent in the third quarter from a year earlier, Italy’s revenue agency said.

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