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The residential market is growing thanks to real estate websites

18 March, La Stampa

According to the Revenue Agency, transactions for new houses increased by 9.3% from 2017 in the last quarter of 2018, reporting 167,086 deals. This is the 15th positive quarter in a row, and the trend is likely to continue.

These positive results may be explained with the rising trend of searching properties on the internet, skipping the middlemen and connecting buyers with sellers directly without any commission, such in the case of Homepal and CasetraPrivati. The main challenges of these channels though are the issues related to cadastral compliance and possible unauthorised construction which may heavily impact a household and that require the help of a good real estate agent.

Source: La Stampa

Translator: Cristina Ambrosi

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