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

Feb. 27 (Bloomberg) -- 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 valdimarsson@bloomberg.net.

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

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