/

Residential Market: slow recovery trend of the prices

Posted: 4 October 2018

In 2018 H1, real estate prices confirmed the slowly recovery, especially in big cities, with almost stable negative changes, according to the 2nd Market Report edited by Engel & Völkers, with the collaboration and scientific support of Nomisma.

The prices for new houses are growing again in some trailblazing markets. Above all Milan, were the prime sector recorded an interesting average increase with a 0.8% half-annual change.

Other cities such as Bologna, Naples, Florence and Venice follow at a distance.

Regarding the quotations, the top 5 cities for used housing price levels are Venice (3,040 €/sqm), Milan (2,960 €/sqm), Rome 2,840 €/sqm), Florence (2,360 €/sqm) and Bologna (1,980 €/sqm).