Property market statistics
Latest articles about Property market statistics
The impact of the coronavirus on the European real estate markets will be that of falling house prices. However, according to S&P (Standard & Poor's) Global Ratings, by 2022 everything should return to pre-pandemic levels thanks to economic policies.
According to the global real estate services provider Savills, global real estate operators' sentiment about the impact of COVID-19 on the sector is predominantly negative.
The most dangerous enemy for the economy is the one that has not yet appeared: the impoverishment that will arise as an effect induced by forced inaction due to the coronavirus outbreak.
In Italy there are more and more single people which begs the question; what are their options when it comes to housing? The Italian real estate company, Tecnocasa, has done some research and come up with the following property market statistics.
Milan continues to be the most demanded city in Italy. Property prices in this northern Italian city have risen by 7.6%. In the Brera-Napoleone area the difference recorded is even up to 25.6%. This was revealed by data from the real estate website idealista.
The real estate portal idealista. it is in the top 50 ranking of the most consulted websites in Italy, according to similarweb. com. In August the number of visits, visit duration, bounce rate and other sets of technical parameters were analysed on all Italian websites.
Housing prices in Europe, grew on average by 11.5% between 2011 and 2018. However, Italy is lagging behind with a decline in property values of 17.6%.
According to data from the research office of the real estate portal, idealista, the decrease in house prices Italy continues. The prices only increase in Tuscany (+1,2%) while the largest drop was recorded in Sardinia (-14,8%).
The number of houses being sold at auction in Italy is growing. According to the latest biannual report from Sogeea, the number of auctioned homes in Italy (case all’asta) is 21.5% higher in the last six months.
In Italy, almost all turnover in the real estate sector comes from the sale of residential property. Buying a house in Milan is 25.5% more expensive than in Rome, say the latest data from the Sigest Study Centre.
Real estate turnover in Italy
The time for writs of property executions to be implemented in Italy got faster in 2018, but most of them end without the repossessed property being auctioned off to new owners, according to the T6 Report presented in Rome.
The Triennale Teatro dell'Arte in Milan has hosted the third edition of immonext, an ideas forum organised by idealista to discuss the past, present and future of the real estate market with professionals and experts in the sector.