(Visited 45 times, 1 visits today)
(Visited 45 times, 1 visits today)

Real estate: how residential values depreciated in ten years

08 October, Corriere della Sera

Fiaip analysed property prices in Rome, Milan, Turin and Naples to see how they had decreased in the last ten years.

In Rome, the average decline was -21%. Campo Marzio is the area that reported the best results, with +11.4%, while the worst were Cesano and San Vittorino (-51.9%).

Milan performed better, reporting an average decrease of -4.8%. The best results were recorded in the area around Corso Garibaldi, where prices increased by 20%, while the sharpest decline was in Piazza Duomo and Piazza Cordusio (-19.4%).

Finally, property prices decreased on average by 30% in Turin and by 28.7% in Naples.

Source: Corriere della Sera

Translator: Cristina Ambrosi