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Istat: home prices are stable in the fourth quarter of 2016

Posted: 5 April 2017

According to preliminary estimates by Istat, in the fourth quarter of 2016: the House Price Index (IPAB) was stable compared with the previous quarter and increased by 0.1% in comparison to the same quarter of the previous year (up from -0.9% registered in the third quarter of 2016).

Prices of new dwellings increased by 0.5% compared to the previous quarter and decreased by 0.1% with respect to the fourth quarter of 2015 (up from -2.0% observed in the previous quarter); prices of existing dwellings decreased by 0.2% compared to the previous quarter and increased by 0.1% with respect to the fourth quarter of the previous year (-0.6% the rate of change in the third quarter of 2016).