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28 May 2012

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Kìron - Italy's home mortgages shrink 10% in second quarter

Italy's home mortgage market contracted sharply in the second quarter after tapering off in 1Q08, says Kìron, the research arm of agency chain Tecnocasa. Volumes shrank by 10.2% to e15bn in 2Q08, dragging down the first half to a contraction of 5.4% against 1H07.

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