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Milan’s residential market continues growing

02 April, Affari Italiani

In 2018 Milan’s property market reported 24,522 transactions (+3.4% from 2017). In the first quarter of 2019, the demand rose by 9.7% compared to the same period of the previous year. New construction represents 21% of the current offer with an absorption rate equal to 72%. Prices for new properties increased by 6.4% and have set at 5,250 euro/Sq m on average.

Source: Affari Italiani

Translator: Cristina Ambrosi

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