Iceland’s Property Sales Rose 70% in Week Through March 1

Icelandic property sales rose 70 percent last week, Registers Iceland said.

There were 136 homes and commercial properties sold in the week through March 1, compared with 80 a week earlier, according to an e-mailed statement today from the Reykjavik-based registry. The value of the properties almost doubled to 4.3 billion kronur ($34 million), the office said.

To contact the reporter on this story: Omar R. Valdimarsson in Reykjavik valdimarsson@bloomberg.net.

To contact the editor responsible for this story: Jonas Bergman at jbergman@bloomberg.net

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