Housing market: higher demand in big cities

Housing market: higher demand in big cities

Housing market: higher demand in big cities

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Italian realty observatory
Italian realty observatory
According to the Italian realty observatory, at the end of 2017 the average price on the housing market was 1,898 euros per square meter, With an annual variation of-0.5%.
Looking at the demand for housing, the picture is very fragmented: while for more than 1,000 small Italian towns 2017 concluded with zero sales, in the big cities a robust rebound is already underway.
Italian realty observatory
Italian realty observatory
In particular, in Italy’s three ma/’or metropolises (Rome, Milan and Naples) in 2017 there was an 8.7% uptake in demand and estimates for this year confirm growth in property transactions that will reach 10%.

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