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