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Residential transactions are expected to reach 100 bln € by the end of 2021

14 July, Il Sole 24 Ore

Scenari Immobiliari reports a 12.3% growth of residential transactions nationwide and forecasts that the market will reach 100 billion € by the end of the year. Although house sales grew by 36.8% in the first quarter of 2021, prices haven’t increased yet, except for Milan and Rome. The residential market is expected to grow in the next three years, encouraged by the general optimism and the low interest rates on mortgages.

Source: Il Sole 24 Ore

Translator: Cristina Ambrosi