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2010-2018: the recovery of real estate

18 May, Il Sole 24 Ore

Istat reports that the IPAB Index, measuring the property prices, grew till 2011, reaching the maximum level of 120.7, for then declining up to 2018 (98.2), although the decrease has been less dramatic in the past few years.

Concerning transactions, 2011 registered a peak of 235 thousand transactions, for then declining sharply in 2012 and reaching a minimum of 127 thousand transactions in 2013. Sales resumed growing in 2014, reaching 230 thousand transactions in 2018.

A large part of the transactions was reported in the north-west (2.1 million) and the north-east (1.3 million); while the centre reported nearly 1.3 million, the south 1.1 million and the islands 527 thousand.

Source: Il Sole 24 Ore

Translator: Cristina Ambrosi

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