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Tecnocasa: residential transactions down by 27.2%

25 October, La Nazione

Tecnocasa reported that, in Q2 of 2020, residential transactions declined by 27.2% compared with the same period of 2019, with 116,174 transactions versus 159,619 of the previous year. Such a result is not surprising considering the effects of the lockdown on the market. Naples and Palermo respectively decreased by -35.8 % and -34.2%, followed by Bologna (-28.1%), Turin (-27.5%), Milan (-26.5%), Rome (-23.4%), Florence (-23.3%) and Genova (19.9%).

Source: La Nazione

Translator: Cristina Ambrosi