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Tecnocasa: Milan is the first Italian city to have the left the recession behind

01 April, Wall Street Italia

Thanks to the consistent growth of property transactions since 2013 and prices on the rise since the first semester of 2017, Milan is Italy’s fastest-growing city, also for what concerns the time it takes to sell a house, 100 days on average. The positive trend particularly relates to those neighbourhoods that had been requalified in the past few years, like Bovisa-Sempione (+5.6%), Lodi Corsica (+5.3%) and Fiera-San Siro (+5.0%). Prices are expected to grow by 4% – 6% in 2019.

Source: Wall Street Italia

Translator: Cristina Ambrosi