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Property prices dropped by 17.2% from 2010

02 July, Repubblica

Istat reports that, in the first quarter of 2019, property prices were 17.2% lower than the average values registered in 2010. At the same time, transactions keep growing.

This trend is mainly due to dated properties, whose prices had decreased by 23.7%, while values for new houses have even slightly increased (+0.8%).

Source: Repubblica

Translator: Cristina Ambrosi