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Nomisma: first rise in house prices in 10 years

08 January, Mutui Online

Nomisma reports that the residential market recorded an increase in prices for the first time in 10 years. In the second half of 2019, prices grew by +0.2%. The past year registered about 662,000 transactions, 92% of which concerning the residential segment.

Such a result was mainly due to the favourable mortgages, currently offering very low interest rates, although banks had become stricter in their selection requirements.

Source: Mutui Online

Translator: Cristina Ambrosi

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