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Fimaa: the demand for houses exceeds by 20% the offer in Milan

28 December, Corriere della Sera

Fimaa reports that 25% of the real estate transactions in Milan have been for investment purposes. Despite that, the offer has diminished by 30.5% from the previous year, and the stock of properties might run out in the next four years. Meanwhile, property prices increased by 5.8% for existing houses and by 6.3% for new construction.

Source: Corriere della Sera

Translator: Cristina Ambrosi