/

Istat: real estate grows in the fourth quarter of 2016

Posted: 5 June 2017

In the fourth quarter of 2016, nationwide real estate unit sales agreements totalled 202,652, increasing by 10.3% over the same period of the previous year.

According to Istat – or National Institute of Statistics,189,899 (93.7%) transfers of properties concerned homes and appurtenances, 11,607 (5.7%) real estate units for business purposes and 1,146 (0.6%) estates for special uses and multi-owned properties.

In relation to the type of use, sales of residential properties increased by 10.7% , while sales of properties for business use increased by a smaller amount (4.4%).