Domenica, 21 Ottobre 2018

Crisis continuing in Italian housing sector, says agency


Rome, February 15 - The housing crisis in Italy
will continue well in 2013, after sales prices fell by 12% in
2012, the federation of real estate agents said Friday.
Since the global economic crisis that took hold in 2008,
housing transactions have dropped a whopping 40%, said the
And since 2008, prices have slipped an average of about 25%
per year, Fiaip added.
Rents also slipped last year, by about 5.6%.
Downward pressure will continue in the first half of this
year, with a mild recovery in the second half that could see
2013 values end at about the same level as in 2012, said Fiaip.

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