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residential Market News: Italian Real Estate Intelligence

Growth of house prices in Italy to continue in 2023
21 December, Il Sole 24 Ore Immobiliare.it reports that the growth of residential property prices in Italy is set to continue in the upcoming year as the gap between north and south widens. Genova reported the biggest increase (+4.5%), followed by Bologna (+3.9%) and Verona (+3.2%), while prices went down in Naples (-1.5%) and Palermo (-1%). Milan remains the most expensive city in the country (5,000€/Sqm), while Catania is the cheapest (1,200€/Sqm). Source: Il Sole 24 Ore Translator: Cristina Ambrosi