Property market statistics

The United States and Germany together account for around a third (31.6%) of foreign visits for luxury residential property on idealista, Italy's leading real estate portal.

Despite the changes in the rental market in recent years, the luxury residential segment is holding its own in Milan.

Prices for luxury residential in the world's largest cities will continue to rise in 2024.

2024 is already in full swing and real estate market experts are outlining their forecasts for the development of real estate in the coming months, starting with the events of 2023.

According to an analysis by Bankitalia, based on ECB statistics, 5% of Italian households own 46% of the country's wealth. Wealth, about half of which, on average, consists of housing.

Most Italians' homes have a surface area of less than 100m2. The percentage of dwellings that do not exceed this size amounts to 61% of the total number of listings on idealista.

According to the latest Economic Survey on the Housing Market in Italy, covering the first quarter of 2023, conducted by Bankitalia, Tecnoborsa and the Agenzia delle Entrate (Inland Revenue), inflation trends will continue to have a negative impact on demand for housing.

If you're planning on selling property in Italy, one of the biggest questions might be how long the process will take. Property owners almost always want to conclude a sale as quickly as possible, however, there are several variables that are difficult to predict.

We are approaching the end of the year and idealista/news is taking a look at the residential rental market in Italy in 2022 by asking experts in the sector.

You have be quick if you want to rent a property in Italy.