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Istat: house prices dropped by 17.2% from 2010

25 September, Il Sole 24 Ore

In the third quarter of 2019, property prices declined by 0.5% from the previous quarter and by 0.8% compared to the same period of 2018. On the other hand, prices for new houses grew by 1.7% (+0.6% from Q4 of 2018). Houses prices decreased by 17.2% from 2010. This trend is almost entirely due to existing houses, whose values dropped by 23.7%.

Source: Il Sole 24 Ore

Translator: Cristina Ambrosi