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Abitare.Co: absorption between 70% and 90% for new houses in Milan

03 April, Il Sole 24 Ore

The demand for houses in Milan increased by 9.7% in the first quarter of 2019 compared to the same period of the previous year, while property prices grew by 9.8% (10,150 euro/Sq m), reporting an absorption rate close to 90%. The western part of the city is the fastest-growing area, thanks to the requalification of Porta Nuova, Porta Volta and CityLife.

Source: Il Sole 24 Ore

Translator: Cristina Ambrosi

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