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