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Demand for apartment rentals drops as offer increases
30 September, Milano Finanza
Immobiliare.it and Mioaffitto.it report a general increase in the availability of apartments for rent in the period between March and September, with Milan reporting a 68.7% increase in the offer against the national average of+14.2%. Although the demand has generally dropped in the whole country (-13.2%), prices have not reported any significant variation, as landlords expect the market to recoup soon. As a result, the rent of a two-roomed apartment costs on average 830 euro a month.
Source: Milano Finanza
Translator: Cristina Ambrosi