House prices in Iceland have fallen in real terms over the past year, despite modest nominal increases, RÚV reports. According to the latest figures from the Housing and Construction Authority, inflation-adjusted house prices declined by 2.63% over the past 12 months. What’s the Story? Real house prices down 2.63% year-on-year after inflation, with growth below… The post Real House Prices Decline as Inflation Outpaces Growth appeared first on Iceland Review.