Published by carratelli4 years ago

The real estate market is returning to 2010 levels, recovering from the very low levels reached in 2013...

The real estate market is returning to 2010 levels, recovering from the very low levels reached in 2013. 

 

A trend increase in transactions of 7.6%, the highest in the last two years. 

Confirming this recovery, Istat data show that in the fourth quarter of 2018, sales increased by 4.7% compared to the previous quarter, with a 4.4% increase in the residential sector and a 10.5% increase in the economic sector. Overall, 2018 saw a 4.7% increase in sales, reaching 791,290. 

 

Tecnocasa's semiannual report also highlights this recovery in the real estate market, with house prices, though still stagnant, recording a 0.7% increase in large cities and a 0.6% decrease in provincial capitals and a 0.5% decrease in the hinterlands of large cities. Apartments under €120,000 are particularly sought after, but there has also been an increase in searches in the €250,000-€349,000 range. 

 

The increased liveliness of the market is also due to the reduction in sales times, which dropped by an average of one week in 2018 compared to the previous year. 

 

The recovery is particularly significant in large art cities and university towns, where real estate investments can yield annual returns of up to 4-5%.

Carratelli

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