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Bankbank: real estate demand is stable

Posted: 14 August 2017

In the second quarter of 2017, there has been a decrease in the number of operators reporting downward pressure on real estate prices.

This is what emerges from Banca d’Italia’s economic situation survey on the housing market in Italy conducted from 26 June to 21 July 2017 at 1,300 real estate agencies.

Demand shows signs of stabilization, with reference to both the number of potential buyers and the discount margins on the price originally requested by the seller.

Sales times recorded a slight increase.

Mortgage loans continued to cover about 80% of the sales.

The ratio between loan and value of the property remained at over 70%.