Real estate sales, the market has restarted. However, prices do not drop, especially in the big cities
After a 2023 dramatic for the purchase and sale of casethanks to the very high interest rates, the first three months of 2024 are recording a reversal of trendat least as far as the question is concerned: definitely increased. Despite the ongoing trend, the Italian residential market – reports Il Sole 24 Ore – has managed to express almost 710 thousand homes sold in 2023 (-10% compared to 2022). Less than 40%, in the last three months of last year, were purchased with the mutual. But according to Istat in the fourth quarter of 2023 the house price index remains unchanged compared to the previous quarter e increases by 1.8% over 2022.
What is growing – continues Il Sole – are above all the new housing prices which increase dell’8,9% (accelerating compared to +7.9% in the previous quarter). A 40 square meter apartment in the Lima-Porta Venezia area it reaches a price of 350 thousand euros in Milan. It is just one example of the high prices encountered in the Lombard city. For Italians, home remains an important portfolio assetboth as a first home and if purchased as an investment.