The recovery of the Italian real estate market continues. In the residential sector "2016 should close with an increase in sales of 14,6% compared to 2015". But that's not all, because in 2017 the positive trend will continue. According to the forecasts of the study and research institute Scenari Immobiliari, presented today in Santa Margherita Ligure, sales should rise by 8% next year.
There are many reasons for the recovery. The new-found confidence in the sector, according to the analysis by Scenari immoliari, is "supported by the reduction in taxation, by the increase in the disbursement of mortgages and by greater accessibility following the drop in prices in recent years"
"However - continues the report - the recovery is limited to large cities and has a modest effect on prices which are in a phase of stability".
As far as prices are concerned, 2016 will end with a “slight decrease and 2017, according to experts, will continue along the same path.
However, the market is increasingly polarized: "Products with a high energy class in central locations will see a slight rise in values depending on the area, while second-hand products will register further declines".
Speaking in detail of the residential construction sector, Scenari immobiliare forecasts a growth in the volume of activity of approximately 10% over the next three years. Merit "also to the innovations contained in the stability law and to the extension of the tax breaks for building renovation and energy efficiency which should give a boost to the renovation sector".
