Financial Times FT.com

Eurozone mortgage lending at record low

By Ralph Atkins in Frankfurt

Published: July 25 2008 11:36 | Last updated: July 25 2008 11:36

Eurozone housing markets have shown fresh signs of cooling, with growth in mortgage lending dropping sharply to the lowest annual rate since the launch of the euro.

The latest European Central Bank eurozone lending data, published Friday, provide fresh evidence of a substantial economic slowdown under way across the 15-country bloc.

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