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Istat: residential transactions rose by 5.5% in 2018

23 April, Il Sole 24 Ore

In the fourth quarter of 2018, real estate transactions rose by 4.7% from the previous quarter, with 230,258 transactions in total. The growth had been homogeneous throughout the country: +5.5% for north-west, +4.7% for north-east, +4.4% in the centre, +2.8% in the south and +1.8% in the islands. 93.9% of the transactions concerned residential properties, with a 2.2% increase of mortgages and other types of funding. The yearly growth was equal to 5.5% for residential properties and 5.8% for commercial assets.

Source: Il Sole 24 Ore

Translator: Cristina Ambrosi

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