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Idealista.it: rents stable in 2016

Posted: 2 February 2017

The rental market of houses in Italy is stable. The price of the leases was filed down by 0.3% on an average of € 8.4 per sqm per month over the course of 2016, after reporting a stronger decline of 3.1% in the last quarter and in previous quarter.

According to Idealista.it, portal of property ads, this trend can be attributed to two factors: the success of rental controls and the flat tax.

These two elements have pushed homeowners to rent at lower prices, despite growing demand for houses.