Cars Residential real estate market Italy: What are the most popular cities of buyers?

13:50  03 october  2022
13:50  03 october  2022 Source:   idealista.it

Map. In what coastal cities in the West real estate prices increased the most?

 Map. In what coastal cities in the West real estate prices increased the most? © David Adémas / Archives Ouest-France Aerial photo carried out on April 27, 2015 of Saint-Cast-le-Guildo (Côtes-d'Armor). Photo of Illustration in Brittany, Normandy and Pays de la Loire The median prices of houses and apartments on the coast have evolved over the quarter. To follow these variations, we based ourselves on data from the Ouestfrance-immo.com site.

Marché immobilier résidentiel Italie 2022 © supplied by IDALISTA Residential real estate market Italy 2022

The post-pandemic situation, inflation and the energy crisis following the war in Ukraine do not seem to have seriously impacted the figures for the residential transactions of the first half of 2022 in Italy. During the first 6 months of 2022, 400,487 residential transactions were carried out, + 10 % compared to the same period in 2021. The Gabetti Studies Office developed data from the Inland Revenue Agency to give its Perspectives on the residential real estate market in the main cities of Italy in 2022 .

"Purchases and sales of properties have not disappointed the expectations of operators and have so far resisted the shock," comments Marco Speretta, managing director of the Gabetti group, "also thanks to an certain number of factors that have energized sector . First, faced with the rise in prices for energy raw materials and the awareness of the advantages of energy efficient housing, the families need to replace their accommodation with more sustainable accommodation, and this has a positive impact On the residential real estate market in Italy. Secondly, in this first half, a boost came mainly from capitals and large cities (+ 10.4 %) compared to small cities and communes (+ 7.7 %), where the interest is concentrated institutional and private investors.

Real estate crisis: Beijing counts on a public fund and the restructuring of the debt of Evergrande

 Real estate crisis: Beijing counts on a public fund and the restructuring of the debt of Evergrande The actions of Chinese real estate promoters took off on Monday, supported by declarations by Prime Minister Li Keqiang evoking in particular the creation of 'A public support fund for this sector in difficulty. On the Hong Kong Stock Exchange, the titles of CIFI real estate groups (Group) and Guangzhou R&F Properties increased by 12% and 6% respectively. In Shanghai, Cinda Real Estate, Poly Developers and Gemdale Group won between 3 and 6%.

Residential sales in Italian cities

among cities recording a positive trend in purchases and properties of properties, we note that:

Milan increased by + 17.5 % in the first half of 2022 . However, in the second quarter of the year, it ranks penultimate among major cities with + 3.8% compared to the second quarter of 2021. The decrease in the second quarter is indicative of the fact that the combination of high sale price , which in Milan increases well above the national average, and the increase in mortgage interest rates, has slowed down residential sales. Palermo increased by + 11.9% in the first six months of the year , especially in the second quarter with growth of + 8.8%. In recent years, the City has invested a lot in the recovery and revitalization of the historic center, especially through the pedestrianization of the two arteries that cross the historic center (via Roma and via Maca). This, combined at sales prices lower than the national average in Palermo, rewarded the city in terms of purchase and sale trends as well as properties re -evaluation. Bologna continues to be a city with a very dynamic purchase and sales request, closing the first half of 2022 to + 11.5 % (online with the second quarter trend). The city, which has been for years the largest tertiary center in the northeast, has been affected by strong tourist demand in recent years which is increasingly directing investors to the purchase to invest. Genoa shows signs of dynamism in terms of residential properties purchased and sold, closing the first half of the year with + 5.2 % compared to the same semester of last year. The second quarter was particularly positive, recording + 6.5 % compared to that of 2021. The city is experiencing a moment of renewal thanks to the regeneration of the Waterfront, affecting the stability of selling prices, after years of decline, and The liveliness of purchases and sales. Rome recorded an excellent performance in T2 2022 with + 11.1 % (with Bologna, the city has the best results in the second quarter 2022), closing the semester with + 9 % in residential residential real estate .

Home buyer demand drops 15% in two weeks as mortgage rates soar .
First-time buyers appear to have been hit hardest by the economic turmoil, as demand for buying homes among that grouo dropped by more than a fifth compared to 2021.The property portal said that, while buyer demand was still 20 per cent higher than in the same period in 2019, it had fallen 15 per cent compared to the same two weeks in 2021.

usr: 0
This is interesting!