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Notaries: residential buildings sales at + 9.33%, maxi funding recovery over 450,000 euros

Posted: 7 August 2018

According to the 4th Report on Notary Statistical Data (DSN) the residential buildings subject to tax registration sold in 2017 are over 550 thousand, an increase of + 9.3% compared to 2016.

Over half of the homes were purchased with the first home tax break, mainly covering the age group 18-35.

For what concerns the value, even though the prevalence of loans up to 150,000 euros is confirmed (71.6% of the total), a significant increase (+ 35.06%) has affected loans between 450,000 and 500,000 euros , as evidence of a recovery in investment.