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Istat: property transactions grew by 4.7% in the last quarter

24 November, Milano Finanza

Property transactions registered a 4.7% growth in the second quarter of 2018 compared to the same period of 2017, while they grew by 4.5% in the first semester compared with the first semester of 2017.

The numbers are reported by Istat. The report shows that season adjusted index for property transactions continued its recover also during the second quarter, keeping with the trend started in the second quarter of 2015 and registered a 39% increase from the lowest value of the market reported at the end of 2013. However, there is still a 4% gap to reach the average values of 2010. Northern Italy is the only exception. In the second quarter, the notary deeds concerning property transactions (209,243) grew by 1.6%.

Source: Milano Finanza

Translator: Cristina Ambrosi

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