Florence: house sales are declining

11 August, La Nazione

After the growth reported in 2018, Florence property market has slowed down. According to the Revenue Agency, property transactions in the first quarter of 2019 were 1,159 in Florence (-5.2% from the same period of 2018). Mortgages applications decreased by 8.8% from last year, while the average amount requested is higher than in the rest of Tuscany, around 149 thousand euro.