Bloomberg News

Iceland’s Property Sales Fell 17% in Week Through Feb. 23

February 27, 2012

Iceland’s property sales fell 17 percent last week, Registers Iceland said.

There were 80 homes and commercial properties sold in the week through Feb. 23, compared with 96 sales a week earlier, according to an e-mailed statement today from the Reykjavik- based registry. The value of the properties sold fell 2.4 percent to 2.2 billion kronur ($17.9 million), the office said.

To contact the reporter on this story: Omar R. Valdimarsson in Reykjavik

To contact the editor responsible for this story: Jonas Bergman at

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