Idealista: property prices keep dropping. Negative performance of Naples and Bari
03 January, Corriere del Mezzogiorno
Idealista reported a 2.8% decline in residential prices in 2019, although the decrease amounted only to 0.1% in the last quarter. The regions that registered the sharpest decline were Campania (-5.7%), Abruzzo (-5.4%) and Lazio (-4.9%). Among the cities, Naples and Bari decreased respectively by 8.5% and 7%, while the negative trend diminished in Rome (-2%) and Turin (-0.3%).
Source: Corriere del Mezzogiorno
Translator: Cristina Ambrosi