Good news for the Italian real estate market, especially for the residential sector which in 2018 it achieved the fifth consecutive year of growth.
580 thousand transactions were carried out, the highest figure since 2010, for a total turnover of 94 billion euros, 53 of which (over 56%) referred to the north.
These are the most relevant data contained in the residential real estate report produced by the Real Estate Market Observatory of the Revenue Agency in collaboration with the ABI.
HOUSES: BOOM OF SALES IN 2018
From a territorial point of view, the sales of residential properties recorded a double-digit increase in the North East, where they rose by 10,2%. Surprisingly, positive data also comes from the islands (+7,7%). Followed by the center (+6,4%), the north-west (+5,6%) and the south (+3,8%).
The regional analysis carried out by the technicians of the Revenue Agency and the ABI reveals the supremacy of Emilia Romagna, a region where the number of home sales rose by 11,3%. The Marches (+10,2%) and Veneto (+10%) follow with double-digit increases. The only region with a minus sign is Basilicata.
Speaking instead of cities, sales increased above all in large centres, such as Bologna (+10,5%), Palermo (+7,7%), Naples (+5,9%) and Turin (+4,3%). Well too Rome (+3%), Milan (+3,4%), Genoa (+3,6%) and Florence (+3,9%).
The Observatory then underlines the slight drop in the sale of bare-owned homes (-0,4%), a figure that is recorded above all in the south where the drop was much more marked than the national average, with a -6,6 %. The average area of the home purchased in 2018 is approximately 106 square meters.
HOUSES: RENTALS WELL AS WELL
Moving from sales to rentals, last year the number of local homes grew by 0,3% to 1.377.364 units, with a average rent of around 67 euros per square metre. The report also confirms a trend already seen in previous years: the average annual rent for subsidized lease contracts for students - equal to 76,4 euros per square meter - is higher than that envisaged in ordinary long-term contracts (65,2 .XNUMX euros per square metre).
